The forecast of gutted fresh Atlantic cod production for human consumption in the UK shows a consistent increase from 2024 through 2028, with values rising from 3.81 to 4.05 thousand euros per metric ton. In 2023, the value stood lower, reflecting a positive growth trajectory. The year-on-year growth rates project incremental increases, with a Compound Annual Growth Rate (CAGR) of 1.2% over the forecast period, indicating steady price appreciation.
Future trends to watch:
- Changes in consumer demand for sustainable seafood options could impact production volumes and pricing.
- Environmental regulations affecting fishing practices and quotas could alter supply dynamics.
- Global market shifts and economic conditions might influence export opportunities and pricing structures.
