The forecast for whole fresh garfish production in the UK capture fisheries from 2024 to 2028 indicates a steady growth, with an anticipated increase from 974.8 Euros in 2024 to 1020 Euros in 2028. Compared to the 2023 value of 964 Euros, the year-on-year growth between 2023 and 2028 reflects a consistent upward trend. The Compound Annual Growth Rate (CAGR) over this five-year period is expected to be approximately 1.1%, underscoring a stable market trajectory.
Future trends to monitor include:
- Changes in environmental conditions impacting fish populations and yields.
- Regulatory developments affecting the capture fisheries sector.
- Market demand shifts due to consumer preferences and alternative protein sources.
- Technological advancements in sustainable fishing practices.