The forecast for gutted fresh Red Gurnard production in the UK indicates a gradual decline in value from 2024 onwards. In 2023, the value stood at 1.20 thousand Euros per metric ton. Projected annual values show a year-on-year percentage decrease: 1.68% in 2025, 1.71% in 2026, 1.74% in 2027, and 1.77% in 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) exhibits a consistent downward trend, averaging a decrease of around 1.6% per year in value.
Future trends to watch for include:
- Potential market shifts due to environmental regulations affecting fisheries.
- Changes in consumer preferences towards sustainable seafood options.
- Technological advancements impacting capture techniques and cost efficiencies.
- Economic factors such as currency exchange rates influencing export competitiveness.