In 2023, the production of fresh scallops and pectens in the UK capture fisheries reached a value of €51.51 million. Forecasts for 2024 indicate a slight increase to €51.885 million, with a consistent upward trend projected through 2028, reaching €53.288 million. The year-on-year growth between 2024 and 2025 is approximately 0.7%, and a consistent pattern follows with around 0.6% to 0.7% growth expected annually till 2028. The compound annual growth rate (CAGR) is projected to be about 0.7% over these four years.
Future trends to watch for include:
- Potential global economic changes affecting export markets and buying power.
- Environmental regulations impacting fishery practices and outputs.
- Technological advancements in capture methods that could influence production efficiency and output quality.
