In 2023, the UK frozen edible crab production value stood at 3.05 Thousand Euros per metric ton. The forecasted data from 2024 to 2028 shows a steady annual increase, with values rising from 3.15 to 3.57 Thousand Euros per metric ton. The year-on-year increase indicates a consistent upward trend, with percentage growth averaging around 3.15% from 2024 to 2028. The compound annual growth rate (CAGR) over this period is approximately 2.51%.
Future trends to watch for include:
- Market volatility influenced by Brexit-related trade policies and global economic conditions.
- Potential impacts of climate change on crab population and capture fisheries sustainability.
- Technological advancements in fishing and storage methods potentially affecting production efficiency and costs.