In 2023, the gutted fresh Blue Ling production in the UK stood at a certain value in million Euros. With the forecast for 2024 at 3.407 million Euros, we see a steady increase projected for the following years, reaching 3.858 million Euros by 2028. This reflects a steady year-on-year growth in production value by moderate percentage points, showcasing a positive trend in the Blue Ling capture fisheries sector.
- Year-on-year increase from 2024 to 2025 is expected to be around 3.41%.
- From 2025 to 2026, growth is projected at approximately 3.23%.
- The increase from 2026 to 2027 is estimated at 3.07%.
- 2027 to 2028 shows a projected growth of 2.91%.
- The compound annual growth rate (CAGR) over the 5 years from 2024 to 2028 is around 3.16%.
Future trends to watch for include the impact of regulatory policies on capture fisheries, potential environmental changes affecting marine life, and demand shifts due to ecological and sustainability consciousness among consumers. Continuous monitoring of these factors could further influence production forecasts beyond 2028.
