As of 2023, the production value of whole frozen cods, hakes, and haddocks in UK's capture fisheries was below 12.43 thousand Euros. The forecast from 2024 to 2028 shows a modest yet steady increase, with the value rising from 12.43 to 12.61 thousand Euros. The year-on-year growth rate remains consistent at approximately 0.32%, indicating a stable trend over the observed period. The compound annual growth rate (CAGR) for this five-year span is forecasted to be modest, reflecting gradual market growth.
Future trends to watch for include potential impacts of environmental policies, changes in consumer demand for sustainable seafood, and possible fluctuations due to post-Brexit regulatory shifts. Monitoring these factors will be crucial for understanding long-term market dynamics and opportunities.
