Forecast: Gutted Fresh Sand Sole Production in Capture Fisheries in the UK

In 2023, the production value of gutted fresh sand sole in the UK's capture fisheries stood slightly higher than the forecasted figures for 2024, at approximately 163.5 thousand euros. Forecasts indicate a gradual decline in production value over the forecasted period, with a decrease each year from 2024 to 2028, averaging a year-on-year reduction of around 0.5% to 0.7%. The compound annual growth rate (CAGR) over these five years is negative, signifying a consistent downward trend in the market.

Future trends to watch for include:

  • Potential impacts of regulatory changes in fisheries management that could either cushion or exacerbate this declining trend.
  • Shifts in consumer preferences toward sustainable seafood options which may affect demand.
  • Technological advancements in fishing methods and logistics that might improve efficiency and profitability, potentially altering future forecasts.

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