In 2023, the value of Atlantic mackerel production in capture fisheries for human consumption in the UK was at a pivotal point, paving the way for a declining trend from 2024 onwards. The forecasts indicate a consistent year-on-year decrease in value, with a compound annual growth rate (CAGR) demonstrating a negative trajectory over the next five years. This downward trend suggests potential challenges ahead for the industry.
Future trends to watch for include:
- Potential effects of climate change on mackerel migration patterns and stock availability.
- Evolving consumer preferences that may impact demand.
- Regulatory changes in fishing quotas and their impact on production.
- Technological advancements in sustainable fishing practices.