The UK’s production of cuttlefish and bobtail squids in capture fisheries is forecasted to increase modestly over the next five years. From 2024 to 2028, expected figures rise from 5.47 thousand metric tons to 5.77 thousand metric tons, demonstrating an average annual growth rate of approximately 1.3%. In 2023, the production stood at 5.4 thousand metric tons, revealing a stable upward trend. The predicted year-on-year increases point to sustained, moderate growth in this sector.
Future trends to watch for:
- Impact of environmental and fishing regulations on supply.
- Changes in consumer demand and international trade dynamics.
- Innovations in fisheries technology improving yields and efficiency.
