In 2024, the UK's forecast for the import of fresh or chilled fish stands at approximately 828.84 million US dollars. This figure is expected to steadily increase annually, reaching around 905.38 million US dollars by 2028. From 2024 to 2028, year-on-year growth shows consistent expansion, signaling a healthy demand for imported fish. Calculating the compound annual growth rate (CAGR) over this period reveals an average annual growth.
Future trends to watch include:
- Potential impacts of climate change and sustainability practices on fish availability and import trends.
- Trade agreements and post-Brexit regulations which could affect supply chains and import costs.
- Shifts in consumer preferences towards alternative proteins or domestically sourced fish.
