The production of whole fresh pouting bib in the UK capture fisheries is projected to increase steadily from 2024 to 2028. The forecasted production is expected to grow from 534.01 Metric Tons in 2024 to 545.56 Metric Tons in 2028. Compared to the previous actual data from 2023, this growth represents a consistent increase.
Key year-on-year growth rates reflecting this trend are:
- 2024 to 2025: Approximately 0.56% increase
- 2025 to 2026: Approximately 0.54% increase
- 2026 to 2027: Approximately 0.53% increase
- 2027 to 2028: Approximately 0.52% increase
The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 is around 0.54%, indicating stable growth. Future trends to watch include changes in marine policy, sustainability initiatives, and possible shifts in consumer preferences towards locally sourced seafood, which may impact production dynamics and market demand.
