The UK imports of dried, salted, or in brine Gadiformes fillets are forecasted to decrease consistently from 2024 to 2028, starting at 1.3259 million US dollars in 2024 and declining gradually each year to reach 1.2633 million USD by 2028. This reflects a steady downward trend. In 2023, the import value stood at a slightly higher level than in 2024, marking the beginning of the decrease. Year-on-year percentage variations are negative, indicative of persistent contraction in this market. The compound annual growth rate (CAGR) over the forecast period exhibits a declining trajectory for these imports.
Future trends to watch include shifts in consumer preferences toward fresh and local options, potential regulatory changes affecting import duties, and environmental factors impacting fish stocks, which may further influence import volumes and values. Additionally, changes in global trade dynamics or fluctuations in currency exchange rates could alter the trend trajectory.
