The forecast for Whole Fresh Great Atlantic Scallop production in capture fisheries in the UK indicates a steadily increasing value from 2024 to 2028. The value per metric ton rises gently from 2.68 to 2.74 thousand Euros, showcasing marginal growth each year. By 2023, the industry saw an actual value of 2.66 thousand Euros.
Year-on-year variations reveal incremental growth of approximately 0.37% to 0.74% annually within the forecast period. Over the five years, the compound annual growth rate (CAGR) stands at roughly 0.57%, indicating stable yet unspectacular growth.
Future trends to watch for include potential impacts from Brexit on trade agreements, sustainability practices affecting capture fisheries, and technological advancements in fisheries that may influence production efficiency and profitability.
