In 2023, the whole fresh edible crab production in capture fisheries in the UK was valued at approximately 3.09 thousand euros per metric ton. The forecast predicts a steady increase in value, reaching 3.56 thousand euros per metric ton by 2028. This reflects a consistent year-on-year growth of around 3% to 3.5%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is about 2.8%.
Future trends to watch for include:
- Impact of climate change on crab habitats, possibly affecting supply.
- Changes in consumer preferences towards sustainable seafood, which may influence production practices.
- Potential regulatory changes affecting fishing quotas or trade.
- Advancements in fishing technology and processing methods to improve efficiency.