The production of fresh shrimps and prawns in UK capture fisheries is forecasted to decline from 408 metric tons in 2024 to 302 metric tons by 2028. This indicates a consistent year-on-year decrease: approximately -6.7% from 2024 to 2025, -7.1% from 2025 to 2026, -7.5% from 2026 to 2027, and another -7.9% from 2027 to 2028. Calculating over the five years, this trend projects a compound annual growth rate (CAGR) of around -7.3%.
Future trends to watch for:
- Monitoring changes in environmental regulations that might impact capture fisheries.
- Advancements in sustainable fishing techniques which could alter production patterns.
- Potential shifts in global seafood demand that could affect local production needs.