In 2023, the average production value for Fresh Common Mora in capture fisheries in the UK stood at approximately 2.05 thousand euros per metric ton. Forecast data from 2024 to 2028 indicates a gradual decline in value, with year-on-year decreases of around 1.5% between successive years. Over the five-year period, a compound annual growth rate (CAGR) of approximately -1.1% is observed, suggesting a downward trend in production value.
Future trends to watch for:
- Impact of potential policy changes on fisheries and environmental sustainability.
- Market demand shifts influenced by consumer preferences for alternative seafood sources.
- Technological advancements in fishing practices potentially altering production efficiency and costs.