The forecasted production of whole fresh sandeels and sandlances in the UK capture fisheries shows a steady upward trend. From 2024 to 2028, production is expected to increase each year. Compared to 2023, where the production stood at a notably lower volume, 2024 marks the start of a consistent growth pattern. The year-on-year growth rate is around 4.8% per annum, while a five-year compound annual growth rate (CAGR) confirms a stable upward trajectory.
Future trends to watch for:
- Sustainability practices and their impact on fish stock and production levels.
- Changing regulatory environments affecting capture quotas.
- Market demand shifts influencing the capture fisheries economics.
