In 2023, the production of sandeels and sandlances for human consumption in the UK stood at 8.99 metric tons. From 2024 to 2028, the forecast indicates a steady decline: dropping to 8.7 metric tons in 2024, 8.41 in 2025, 8.13 in 2026, 7.85 in 2027, and 7.58 in 2028. Year-on-year variations show a decline of approximately 3% from 2023 to 2024, and similar reductions in subsequent years. The Compound Annual Growth Rate (CAGR) over this period is around -3.5%.
Future trends to watch for:
- Potential impacts of climate change on marine ecosystems affecting sandeel populations.
- Changes in fishing regulations and quotas aimed at conservation.
- Market demand shifts influenced by changing dietary preferences and sustainability concerns.