The forecast for frozen Norway lobster production in capture fisheries for human consumption in the UK shows a declining trend from 2024 to 2028. Starting at 15.9 metric tons in 2024, the production is expected to decrease by approximately 7.6% year-on-year in 2025, followed by subsequent yearly declines leading to 11.2 metric tons in 2028. As of 2023, the production was stable. The compound annual growth rate (CAGR) over this forecast period is negative, highlighting a consistent decrease.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems affecting lobster habitats.
- Regulatory changes aimed at sustainable fishing practices.
- Shifts in consumer demand towards sustainable seafood options.
- Economic factors influencing the fishing industry in the UK.
