The forecast for Atlantic Cod Production in Capture Fisheries for Human Consumption in the UK indicates a steady increase in value from 2024 to 2028, starting at 4.79 thousand euros per metric ton and expected to rise to 5.32 thousand euros per metric ton. This represents a consistent year-on-year growth of approximately 2.7%. This trend is expected to sustain, attributable to improving fishing technologies and rising demand for cod.
Future trends to watch for include:
- Potential regulatory changes affecting fishery quotas and management.
- Impact of climate change on cod habitats and stock availability.
- Evolving consumer preferences towards sustainable and locally sourced seafood.
- Technological advancements in fishing and processing methods.