The production of gutted fresh European hake in UK capture fisheries is forecasted to grow steadily from 2024 to 2028, with an annual increase in volume. In 2023, the production stood at 17.33 thousand metric tons. The year-on-year growth from 2024 through 2025 is projected at 2.64%, while 2025 to 2026 sees a rise of 2.52%. Continuing this upward trend, 2026 to 2027 shows an increase of 2.45%, and from 2027 to 2028, a 2.29% growth is expected. The compound annual growth rate (CAGR) over these five years is estimated at about 2.51%.
Future trends to watch for include:
- Environmental regulatory changes affecting fisheries production.
- Technological advancements in sustainable fishing practices.
- Potential impacts of Brexit on UK fisheries exports and distributions.
- Shifts in consumer demand towards sustainable and traceable seafood.
