The UK fresh prawn production in capture fisheries showed significant volatility from 2013 to 2023. Notable fluctuations include peak production in 2018 and a sharp decline in 2019. In 2023, production stood at 18.77 metric tons, reflecting a consistent downward trend. Year-on-year variations highlight this instability, with significant drops in 2015 and 2019, and moderate recoveries in some subsequent years.
- The average annual decline over the last five years resulted in a negative CAGR.
- Looking forward, forecasts predict continued declines, with a 2.82% negative CAGR through 2028.
Future trends to watch include changes in environmental regulations, sustainability initiatives, and potential advancements in aquaculture technologies that might impact capture fisheries.
