The forecast for Northern Prawn production in capture fisheries for human consumption in the UK indicates a steady upward trend, increasing from 4.18 in 2024 to 4.34 by 2028. This progression marks a consistent year-on-year growth rate of approximately 0.95%, emphasizing a moderate but stable increase. The compound annual growth rate (CAGR) over this period also reflects a similar upward trajectory. As of 2023, the actual production value was slightly below 4.18, forming the basis for this forecasted rise.
Future trends to watch for include:
- Impact of climatic changes on marine life and prawn availability.
- Technological advancements in fishing practices enhancing capture efficiency.
- Regulatory developments affecting fishing quotas and capture methods.
