The forecast for frozen shrimp production in capture fisheries for human consumption in the UK shows a clear downward trend from 2024 to 2028. In 2023, the value stood at 4.3 thousand euros per metric ton. The year-on-year declines are consistent, with each year showing a reduction in value.
Year-on-year variations indicate:
- 2024 to 2025: -10%
- 2025 to 2026: -10.5%
- 2026 to 2027: -11.8%
- 2027 to 2028: -13%
The five-year CAGR projects an average annual decline of 10.4% through 2028. Future trends to watch include potential shifts in consumer demand, regulatory changes, or environmental impacts on capture fisheries, which may influence production volumes and prices further.
