In 2023, the UK observed actual production values for Tunas, Bonitos, and Billfishes in capture fisheries. The forecasted data from 2024 to 2028 indicates a consistent decline in value from 3.52 to 2.71 thousand euros per metric ton. The year-on-year percentage variation reflects a downward trend in production value, with notable drops of approximately 5.97% between 2024 and 2025, and 6.04% between 2025 and 2026. The Compound Annual Growth Rate (CAGR) over the forecasted five-year period averages to a decrease of about 6.52% annually.
Future trends to watch for include:
- The impact of climate change on fish populations affecting supply and pricing.
- Potential shifts in consumer demand for sustainable seafood options.
- Economic factors and Brexit implications impacting the fisheries market.