The production of whole fresh crustaceans in capture fisheries in the UK exhibited fluctuating trends between 2013 and 2023. In 2023, the production stood at 45.9 thousand metric tons. The period saw significant year-on-year variations, including notable drops in 2015 (-13.98%) and 2020 (-17.96%), and peaks in growth such as in 2014 (12.82%) and 2021 (14.97%). Over the last two years, the year-on-year variation showed a stabilization, with a minor increase in 2023 (0.43%). The compound annual growth rate (CAGR) over the last five years was 2.02%.
Looking ahead, the forecast for the next five years indicates a CAGR of 0.36%, with an overall growth rate of 1.81% by 2028. This suggests a slow but steady increase in production levels.
Future trends to watch for:
- Potential impacts of regulatory changes on capture fisheries.
- Technological advancements in fisheries management.
- Effects of climate change on marine ecosystems and crustacean populations.
- Shifts in consumer demand towards sustainable and locally-sourced seafood.
