The forecast for fresh queen scallop production in the UK shows a consistent upward trend from 2024 to 2028. The value per metric ton and the overall production have steadily increased, reflecting an average compound annual growth rate (CAGR) over these five years. This indicates a robust demand and favorable market conditions for queen scallops. In comparison, the year-on-year variations suggest a stable growth pattern where each subsequent year sees an improvement over its predecessor.
Future trends to watch for include:
- Potential environmental impacts and sustainability issues might influence production levels and pricing.
- Trade policies and market access post-Brexit could affect export margins and overall market dynamics.
- Technological advancements in capture fisheries could enhance efficiency and output.