The forecast for prepared or preserved non-canned shrimps and prawns imports to the UK indicates a gradual decline from 2024 to 2028, from $247.98 million in 2024 to $237.36 million in 2028. This reflects a steady decrease year-on-year, with a compound annual growth rate (CAGR) that signifies a modest contraction over the five-year period. As of 2023, actual import values were not provided, but the trend showcases a notable reduction in imports moving forward.
Future trends to watch for include:
- Changes in consumer preferences towards fresh or alternative seafood options, which could further impact import volumes.
- Potential trade policy adjustments following post-Brexit negotiations that could affect import costs and demand.
- Environmental and sustainability trends that might influence the seafood industry's supply chain, potentially encouraging higher domestic production over imports.
