The UK’s whole fresh molluscs production in capture fisheries is projected to increase steadily from 171.49 million Euros in 2024 to 186.61 million Euros in 2028. Having registered a steady growth trend, the year-on-year variations indicate a rising production trajectory, suggesting consistent demand and stable resources. While the series for 2024 to 2028 are forecasted values, a point of reference in 2023 was a total of 167 million Euros. The compound annual growth rate (CAGR) over this five-year period is expected to average 2.12%, underscoring a growth-driven market outlook.
Future trends to watch for include:
- Potential impacts of climate change on mollusc habitats, which could alter production forecasts.
- Regulatory changes in UK fisheries that might affect capture rates and export conditions.
- Technological advancements in sustainable fishing techniques enhancing yield and efficiency.
- Economic conditions influencing demand, with potential shifts arising from international trade agreements.