The UK seafood market has experienced fluctuations in per capita consumption over the years. In 2012, the consumption stood at 9.91 kg per capita, gradually declining to 8.6 kg in 2016. A brief uptick occurred in 2017 at 9.1 kg before dipping again to 8.41 kg in 2018. The sharpest fall was in 2020, with 6.85 kg attributed to the pandemic's impact. Recovery was observed with 7.72 kg in 2021 and 8 kg in 2022.
From 2022 to 2023, the consumption stood stable, suggesting a plateau. Over the last two years, the market has varied, showing an attempt at recovery post-pandemic. The Compound Annual Growth Rate (CAGR) over the last five years reflects an overall trend of stabilization post-dip, averaging around a marginal growth rate annually.
Future trends to watch for include the impact of sustainability and health consciousness, which may lead to a steady increase in consumption, and the influence of economic factors such as inflation that may suppress growth potential in the short term.
How does the United Kingdom rank in Seafood Market Size Volume Per Capita?
| # | 15 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 118.37 | 2023 | View data | ||
| 2 | 2 Lithuania | 53.57 | 2023 | View data | ||
| 3 | 3 Portugal | 32.97 | 2023 | View data | ||
| 4 | 4 Spain | 21.36 | 2023 | View data | ||
| 5 | 5 Greece | 13.67 | 2023 | View data | ||
| 7 | 7 France | 8.98 | 2023 | View data | ||
| 8 | 8 Belgium | 8.68 | 2023 | View data | ||
| 9 | 9 United Kingdom | 7.87 | 2023 | |||
| 10 | 10 Germany | 6.37 | 2023 | View data | ||
| 11 | 11 Croatia | 5.57 | 2023 | View data | ||