In 2023, the production value of filleted fresh turbot in the UK was 5.06 thousand euros per metric ton. The forecast data from 2024 to 2028 shows a consistent decline in value: from 4.88 to 4.18 thousand euros per metric ton. This represents a year-on-year decrease of approximately 3.69% to 4.14%. The compound annual growth rate (CAGR) over these five years is -4.68%, indicating a persistently contracting market.
Future trends to watch for include:
- Potential effects of climate change on capture fisheries.
- Shifts in consumer demand towards sustainable sources.
- Policy changes impacting fishing quotas and regulations.
- Technological advancements in sustainable aquaculture to offset declining capture fisheries.