Between 2013 and 2023, the production of fresh crustaceans for human consumption in Sweden showed considerable fluctuations. From a low of -32.58% in 2013, year-on-year variations smoothed out by 2022. Despite periodic growth spurts such as in 2017 (38.3%), the industry faced decline during several periods, reaching -5.69% in 2023. Over five years up to 2023, the CAGR was -4.16%, suggesting a downward trend.
Forecasts from 2024 to 2028 point to a continued decline at a forecasted CAGR of -4.35%. By 2028, the industry is expected to have contracted by nearly 19.92% from 2023 levels.
Future trends to watch for:
- Impact of climate change on fisheries.
- Regulatory changes affecting capture fisheries.
- Technological advancements in sustainable fishing practices.
