In 2023, the production of fresh sandeels and sandlances for human consumption stood at approximately 9 metric tons. The forecast shows a consistent decline from 2024 through 2028 by a compound annual growth rate (CAGR) of around -2.6%. Year-on-year variations indicate decreasing production levels, notably: -3.3% from 2024 to 2025, -3.3% from 2025 to 2026, -3.4% from 2026 to 2027, and -3.4% from 2027 to 2028.
Future trends to watch for include:
- Potential regulatory changes impacting fishing quotas.
- Environmental factors affecting fish stock availability.
- Market demand shifts influenced by sustainability concerns.
