The production value of Fresh Scallops and Pectens in Capture Fisheries in the Netherlands has seen substantial variation from 2013 to 2023. After a significant drop in 2014, production showed a fluctuating trend with notable increases in 2018 and 2021. The year 2022 marked an unprecedented spike, but 2023 saw a considerable decline of 33.52% from its previous peak.
Looking at the year-on-year trends, the production showcased large fluctuations:
- 2014: -81.21%
- 2015: 104.41%
- 2021: 93.34%
- 2022: 266.4%
The Compound Annual Growth Rate (CAGR) over different periods highlights varying growth patterns. Specifically, from 2019 to 2023 the CAGR was a robust 40.15%, but forecasts from 2024 onwards suggest a more tempered yet positive growth with a forecasted 5-year CAGR of 11.37% and total growth of 71.37% by 2028.
Future trends to watch include sustainability practices in capture fisheries, regulatory impacts, and consumer demand shifts towards sustainable seafood, which could potentially influence production volumes and values in the Netherlands significantly.
