Forecast: Fresh Velvet Swimcrab Production in Capture Fisheries for Human Consumption in the UK

The UK production of fresh velvet swimcrab in capture fisheries was recorded at 732.5 thousand euros in 2023. Forecasts indicate a gradual decline in production values from 2024 to 2028. The year-on-year percentage decrease is approximately 2%, reflecting a consistent downward trend over the forecast period. The compound annual growth rate (CAGR) across these five years is around -2%, highlighting a steady decrease in the production value.

Future trends to watch for:

  • Policy changes in fishing regulations that could impact capture fisheries.
  • Environmental factors like climate change affecting swimcrab habitats.
  • Market demand fluctuations due to consumer preferences or economic conditions.
  • Technological advancements in sustainable fishing practices, potentially reversing the decline.
  • Brexit implications on trade and fisheries management.

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