In 2023, prior to these forecasted values, the gutted frozen Atlantic cod production in capture fisheries in the UK stood at 1.7 metric tons. From 2024 to 2028, the production shows a consistent downward trend, starting at 1.45 metric tons and decreasing to 0.17 metric tons. Year-on-year variation highlights a reduction of 22.8% in 2025, 28.6% in 2026, 40% in 2027, and 64.6% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be negative, reflecting the overall decline in production.
Future trends to watch for include potential impacts of sustainable fishing regulations, climate change, and market demand fluctuations, which could significantly influence production levels and necessitate strategies for adaptation.
