Forecast: Gutted Frozen Finfish Production in Capture Fisheries in the UK

In 2023, the value of gutted frozen finfish production in capture fisheries in the UK stood at approximately 3.55 thousand euros per metric ton. Forecast data for 2024 through 2028 indicates a gradual increase in the value, from 3.59 to 3.73 thousand euros per metric ton. The year-on-year growth rate ranges from 1.11% to 1.08%, reflecting a stable upward trend. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average yearly increase of around 1.1% in value. This suggests a consistent rise in the market value over five years.

Future trends to watch for include:

  • Potential impacts of policy changes on fisheries regulation.
  • Technological advancements in fishing methods and supply chain efficiencies.
  • The influence of environmental factors and sustainability concerns on production and market dynamics.

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