The UK whole fresh finfish production in capture fisheries for human consumption saw steady growth from 2023, where it stood at 980 Euros per metric ton. From 2024 to 2028, forecasts suggest a slow yet consistent increase in value, peaking at 1000 Euros per metric ton in 2027 and remaining stable in 2028. The year-on-year growth hovers around 0.5% to 0.6% from 2024 to 2026, with a tapering off in 2027. The Compound Annual Growth Rate (CAGR) over this five-year period is modest, suggesting a stable but gradual upward trend.
Future trends to watch for:
- Potential impacts of climate change on fish populations and capture fisheries.
- Shifts in consumer preferences towards sustainably sourced seafood.
- Regulatory changes affecting fishing practices and quotas in the UK.
- Economic factors influencing production costs and market prices.
