The share of aquaculture in the UK's national fish production has shown variability over the past decade, starting from 50.64% in 2013 and stabilizing at 54.9% in 2023. Early years saw fluctuations with significant swings, such as a 17.63% increase in 2013 and a 13.66% rise in 2017. However, the subsequent years displayed more muted changes, with a consistent upward trajectory from 2019 onwards. Year-on-year variations have recently averaged around 1.34% over the past two years, while the five-year CAGR recorded a steady 1.73%, indicating moderate but stable growth.
Looking forward, the forecast suggests a continued upward trend, with the share projected to reach 58.23% by 2028. This implies a forecasted five-year CAGR of 0.93% and an overall five-year growth rate of 4.74%, reflecting persistent although modest growth. Future trends to watch for include technological advancements in aquaculture practices, sustainability efforts, and potential regulatory changes impacting the industry.
