Forecast: Whole Fresh Atlantic Cod Production in Capture Fisheries in the UK

The forecast data for Whole Fresh Atlantic Cod production in the UK capture fisheries indicates a consistent decline from 2024 to 2028. Starting at 15.39 thousand Euros in 2024, the production value decreases annually, reaching 6.97 thousand Euros by 2028. Compared to the preceding years' actuals, which rose slightly to 2023, this decline represents a significant shift in production dynamics.

Year-on-year variations reflect substantial drops, with consecutive declines noted: from 2024 to 2025, a reduction of approximately 14%, continuing through to 2028 with each year seeing a more profound decrease. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is negative, indicating a contraction in the market.

Future trends to watch for include:

  • Potential regulatory impacts and conservation measures affecting capture fisheries.
  • Technological advancements in sustainable fishing methods or aquaculture alternatives.
  • Global market demand fluctuations and their influence on local production.
  • Environmental changes influencing cod populations and fishing conditions.

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