In 2023, the production of whole fresh whelk in the UK capture fisheries was just under 18.33 thousand metric tons, marking a baseline for subsequent forecasts. The forecasts from 2024 to 2028 show a steady increase in production, with expected year-on-year growth rates of around 0.82% to 0.76%. The compound annual growth rate (CAGR) over this five-year forecasted period is approximately 0.82%.
Future trends to watch for:
- Potential impacts of climate change on marine life and its implications for whelk populations.
- Market demand fluctuations in domestic and international markets affecting production targets.
- Regulatory changes in fisheries management that could alter fishing quotas or practices.