In 2023, the whole fresh turbot production in capture fisheries in the UK reached an estimated value of 56.89 thousand euros. For the forecast period 2024-2028, a steady annual increase is observed, with growth rates ranging from 1.6% to 1.8%. This gradual rise results in a Compound Annual Growth Rate (CAGR) of approximately 1.68% over the five-year period. The forecast data suggests modest yet consistent growth driven by stable demand and improved fisheries management.
Future trends to watch for:
- Potential impacts of environmental policies aimed at sustainable fishing practices.
- Changes in consumer demand influenced by health trends and dietary preferences.
- Technological advancements in capture techniques improving yield and efficiency.
- Export market dynamics post-Brexit impacting sector profitability and growth.
