In 2023, the value of fresh European flounder production in capture fisheries for human consumption in the UK stood at a lower level compared to the forecasted value of 819.38 euros per metric ton in 2024. The forecast shows a steady increase in production value, reaching 902.49 euros per metric ton by 2028. Year-on-year growth rates from 2024 to 2028 indicate a gradual increase, with consistent growth between approximately 2.5% to 2.7% annually. The compound annual growth rate (CAGR) over this five-year period is indicative of a robust demand trend.
Future trends to watch for include:
- Potential impacts of environmental changes on flounder habitats.
- Regulatory shifts affecting capture fisheries practices and quotas.
- Technological advancements in sustainable fishing methods.
- Consumer preference shifts towards sustainable seafood options.
