In 2023, the fresh edible crab production in the UK stood below the forecasted values starting from 2024. Forecast data show a steady increase in production value from 3.17 thousand euros per metric ton in 2024 to 3.55 thousand euros per metric ton in 2028.
Year-on-year, this represents growth rates of approximately 2.8% to 2.7% over the forecast period. Extrapolating over this period results in a compounded annual growth rate (CAGR) of 2.8%, suggesting steady market expansion.
Future trends to watch for:
- Potential market disruptions due to fishing regulations and sustainability concerns.
- Impacts of climate change on marine life, affecting crab populations and production.
- Consumer demand shifts towards sustainable and local seafood options.
