The forecast for fresh cuttlefish and bobtail squid production in UK capture fisheries shows a steady increase from 2024 to 2028, with the value projected to reach 5.77 thousand metric tons in 2028. In 2023, the actual production level stood below 5.47 thousand metric tons, emphasizing a gradual year-on-year growth trend. From 2024 onward, the forecasted annual growth rate hovers around 1.4% to 1.7%, while the compound annual growth rate (CAGR) for the five-year period averages approximately 1.6%.
Future trends to watch for include potential impacts from climate change on marine ecosystems, regulatory changes in fisheries management, and evolving consumer preferences for sustainable seafood options, which could influence demand and capture efficiency.
