The UK's imports of prepared or preserved crustaceans and molluscs are forecast to slightly decline from 2024 to 2028, with an average annual decrease in value. In 2023, the actual import value stood at a certain level, and by 2028, the projected import value is anticipated to decrease marginally, reflecting an overall negative compound annual growth rate over these years.
Future trends to watch for include:
- Changes in global trade policies and tariffs that might impact import costs and demand.
- Shifts in consumer preferences towards sustainable and locally sourced seafood which could influence import volumes.
- Potential economic factors such as inflation or recession impacting purchasing power and, consequently, imports.