Forecast: Frozen Pouting Bib Production in Capture Fisheries in the UK

In 2023, the frozen pouting bib production in UK capture fisheries stood at an actual value, prior to the 2024 forecast of 0.83 metric tons. Forecasts indicate a steady upward trend with an annual production increase of approximately 3.61% each year from 2024 to 2028. Specifically, the projected year-on-year variations are 3.61% from 2024 to 2025, 3.49% from 2025 to 2026, 3.37% from 2026 to 2027, and 3.26% from 2027 to 2028. The CAGR over the five-year forecast period from 2024 to 2028 is approximately 3.43%.

Future trends to watch for include:

  • Potential impacts of climate change on fish stock availability, which could affect production.
  • Trade policies and regulations that might alter both supply chain and market access.
  • Technological advancements in capture fisheries that could increase efficiency and output.

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