The forecasted data for the UK shrimp production in capture fisheries depicts a downward trend from 2024 through 2028. The value per metric ton is expected to decline annually from 2024’s 2.16 Thousand Euros to 1.80 Thousand Euros in 2028. This signifies a consistent decrease in the value of shrimp production over these years.
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 shows a negative trend, with an annual average decline, highlighting a challenging environment for the UK capture shrimp fisheries sector.
Future trends to watch include the impacts of environmental regulations, advancements in sustainable fishing practices, and potential market demand changes that could alter production and pricing dynamics in capture fisheries.
