The production of whole frozen abalones, winkles, and conchs in UK capture fisheries is expected to decline from 2024 to 2028. In 2024, production is forecasted at 2.7 metric tons, decreasing by approximately 8.1% year-on-year to 1.86 metric tons by 2028. This represents a compound annual growth rate (CAGR) of -9.1% over the forecasted period, indicative of a consistent downward trend in production volumes.
Future trends to watch for:
- Potential regulatory changes in fisheries management that could impact production levels.
- Inflationary pressures or changes in consumer preferences which may affect demand.
- Environmental factors such as climate change impacting marine biodiversity and resource availability.