The forecast for fresh European smelt production in capture fisheries in the UK from 2024 shows a consistent increase in value, with values rising from 2.08 thousand euros per metric ton in 2024 to 2.37 thousand euros per metric ton in 2028. Compared to the last recorded actual data of 2023, this represents a steady annual growth rate. The year-on-year growth ranges from approximately 3.4% to 3.7% over the forecast period.

Key trends to watch for in the future:

Potential impact of climate change on marine ecosystems affecting smelt populations.
Policy changes related to sustainable fishing practices and their influence on production costs and outputs.
Shifts in consumer demand for European smelt and its economic implications.
The role of technological advancements in capture fisheries enhancing productivity.