The forecasted production of whole frozen Atlantic herring in UK capture fisheries shows a consistent upward trend from 2024 to 2028, with values increasing from approximately 545 Euros per metric ton in 2024 to about 584 Euros per metric ton in 2028. This represents a year-on-year increase of around 1.87% by 2025, 1.80% by 2026, 1.73% by 2027, and 1.66% by 2028. The estimated CAGR over this five-year period is approximately 1.76% annually. In 2023, the actual value was lower than the 2024 forecast, highlighting an expected rise in pricing.
Future trends to watch for include:
- Shifts in demand for Atlantic herring due to changing consumer preferences.
- Influence of environmental and regulatory changes on capture fisheries.
- Global economic factors affecting import/export rates and production costs.
