Forecast: Total Northern Quahog Production in Capture Fisheries in the UK

In 2023, the total production of Northern Quahog in the UK's capture fisheries stood at 20.90 metric tons. For the forecasted period from 2024 to 2028, there is a modest but consistent increase in annual production. Specifically, the production is expected to rise from 20.96 metric tons in 2024 to 21.21 metric tons in 2028. The year-on-year steady growth of roughly 0.3% reflects a stable market with slight upward trends.

The Compound Annual Growth Rate (CAGR) for Northern Quahog production from 2024 to 2028 is estimated to be approximately 0.3%, indicating a gradual upward trend in production over the medium term.

Future Trends to Watch:

  • Changes in environmental policies that could impact fisheries production.
  • Innovations in capture technology and sustainable practices.
  • Market demand shifts influenced by culinary trends or consumer preferences.
  • Impacts of climate change on marine life habitats potentially influencing production.

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