The forecast for scallops and pectens farming in Norway, expressed in thousand Euros per metric ton, indicates a gradual decline from 2024 to 2028. The values are projected to decrease from 3.75 in 2024 to 3.52 in 2028. This represents a year-on-year variation of approximately -1.6% for 2025, -1.6% for 2026, -1.4% for 2027, and -1.7% for 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be about -1.5%.
Future trends to watch for:
- Environmental regulations impacting farming efficiency.
- Technological advancements improving yield and reducing costs.
- Market demand fluctuations due to changes in consumer preferences.
- Potential impacts from climate change on marine ecosystems.
