The forecast for frozen, filleted aquatic animals production in the UK from 2024 to 2028 shows a steady increase in value, rising from €8.21 thousand per metric ton to €9.26. This upward trend represents a consistent average annual growth (CAGR) over the period. In 2023, the value stood slightly lower, indicating a positive economic forecast for the sector, likely driven by increased demand and potential improvements in production efficiencies.
Future trends to watch include:
- Impact of regulatory changes post-Brexit on fisheries and export conditions.
- Technology advancements in sustainable fishing practices.
- Fluctuations in consumer demand due to dietary shifts and environmental awareness.
- Potential effects of climate change on marine biodiversity affecting supply stability.
