The analysis of the forecasted Northern Prawn production in capture fisheries in the UK indicates a gradual decline in value from €13.17 thousand per metric ton in 2024 to €12.89 thousand in 2028. In 2023, the value stood higher at €13.26 thousand per metric ton, showing an ongoing downward trend. The year-on-year percentage decreases are modest but consistent, reflecting a declining value of approximately 0.50% annually, culminating in a 5-year CAGR of −0.73%.
Future trends to watch for include potential impacts of environmental changes affecting prawn habitats, policy shifts in fisheries management, and market demand fluctuations which could influence value recovery or further decline in fresh Northern Prawn production in the coming years.
