The forecast for the UK's tails fresh shellfish production in capture fisheries for human consumption indicates a modest year-on-year growth rate, with values increasing from 7.31 thousand Euros per metric ton in 2024 to 7.78 in 2028. This upward trend, starting from these forecasted data which stand above 2023 actual levels, reflects consistent growth. This consistent increase suggests a Compound Annual Growth Rate (CAGR) of approximately 1.6% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Impacts of Brexit on fishing rights and market access.
- Fluctuations in demand due to changing consumer preferences for sustainable seafood.
- Regulatory changes impacting fisheries management and sustainability practices.
- Technological advancements in fishing techniques potentially increasing efficiency.