In 2023, the gutted frozen witch flounder production in the UK stood at approximately 1.15 thousand euros. Over the forecast period from 2024 to 2028, it is expected to see a consistent upward trend. Year-on-year growth is projected as follows: 5.79% from 2024 to 2025, 4.69% from 2025 to 2026, 4.48% from 2026 to 2027, and 3.57% from 2027 to 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is anticipated to be around 4.6%.
Future trends to watch for:
- Environmental regulations impacting fishing activities.
- Market demand fluctuations for frozen seafood products.
- Technological advancements in fishing and freezing methods.
- Impact of trade agreements on seafood exports.
