In 2023, the import of molluscs to the UK stood at approximately $69 million USD. The forecast data from 2024 to 2028 indicates a steady decline in import value, dropping from $68.42 million to $64.86 million USD. The year-on-year variation shows a consistent decrease, reflecting a mild downward trend in demand or a shift towards domestic sourcing or alternative markets. The compounded annual growth rate (CAGR) over this period reflects an average annual decrease.
Future trends to watch for:
- Potential changes in trade policies or tariffs that could affect import costs.
- Shifts in consumer preference towards sustainable and locally sourced seafood.
- Impacts of climate change on mollusc supply and global market dynamics.