In 2023, the production of shrimps and prawns in capture fisheries for human consumption in the UK was valued at a certain level. Forecasts from 2024 to 2028 suggest a slight but steady decrease in value from 3.34 to 3.25 thousand euros per metric ton. The year-on-year percentage decrease between 2024 and 2025 is 0.6%, between 2025 and 2026 is approximately 0.6%, and between 2026 and 2027 is around 0.9%. The Compound Annual Growth Rate (CAGR) for the five-year period indicates a continued modest decline in value.
Future trends to watch for include potential impacts of environmental policies, changes in consumer preferences towards sustainable seafood, and economic factors influencing pricing and demand dynamics in the fisheries sector. Additionally, advancements in aquaculture technology might play a role in altering the supply and pricing structure of the market.
