In 2023, the production of fresh aquatic animals in capture fisheries for human consumption in the UK stood at 116.2 thousand metric tons. Forecast data from 2024 to 2028 indicates a consistent decline, with production shrinking from 111.42 thousand metric tons in 2024 to 92.27 thousand metric tons in 2028. Year-on-year, this represents a decline of approximately 4.43% between 2024 and 2025, 4.54% from 2025 to 2026, 4.67% from 2026 to 2027, and 4.80% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is approximately -4.59%.
Future trends to watch for include:
- Economic factors impacting the fisheries industry, such as changing consumer demand and regulatory impacts.
- The effects of climate change on aquatic ecosystems and fish populations.
- Technological advancements in sustainable fishing practices and their adoption.
- Shifts in trade policies and international market dynamics influencing the UK’s capture fisheries sector.