The production value of whole frozen shrimps and prawns in the UK’s capture fisheries shows a projected decline from 2024 to 2028, with values decreasing from 3.9 thousand euros per metric ton in 2024 to 2.41 in 2028. Year-on-year analysis indicates progressive reductions, with annual declines of 10%, 10.54%, 11.78%, and 12.99% respectively. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a consistent negative trend, emphasizing the sector's ongoing contraction.
Future trends to watch include potential impacts from environmental policies, technological advancements in sustainable practices, and market shifts toward alternative seafood sources potentially affecting production dynamics.
