As of 2023, the production of filleted fresh cods, hakes, and haddocks in the UK stood at a certain level in Thousand Euros. In the subsequent years, forecast data from 2024 to 2028 shows a modest and steady increase in production value, with an overall increase of 6% over this period. Year-on-year growth remains nearly consistent with slight variations, resulting in a 4-year Compound Annual Growth Rate (CAGR) of about 1.78%.
Future trends to watch for include potential shifts in consumer preferences towards more sustainable and locally sourced seafood options, regulatory changes impacting fisheries, and possible supply chain disruptions that could influence production forecasts. Monitoring these factors is crucial for assessing future performance in this sector.
