Forecast: Fresh Northern Prawn Production in Capture Fisheries in the UK

In 2023, the Northern Prawn production in the UK stood at a certain value. The forecast from 2024 to 2028 shows a consistent decline in production values, starting at 4.47 thousand euros and gradually decreasing to 4.27 thousand euros by 2028. Annually, this represents a year-on-year decrease of about 1%.

Looking further, the compound annual growth rate (CAGR) for this period averages around -1.13% per year, indicating a steady downturn in capture fisheries' prawn production in the UK.

Future trends to watch:

  • Impact of climate change on marine ecosystems.
  • Regulatory changes in fishing quotas and practices.
  • Increasing demand for sustainable seafood options impacting traditional fisheries.

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