The forecast for whole fresh whelk production in the UK from 2024 to 2028 indicates moderate growth, with values rising from 1.76 to 1.99 thousand Euros per metric ton. In 2023, the actual value stood at 1.71 thousand Euros per metric ton. Year-on-year variations show consistent increases of around 3% over the forecast period, while the Compound Annual Growth Rate (CAGR) for these five years is projected at approximately 2.5%.
Future trends to watch for:
- Market demand fluctuations in Europe and Asia, influencing export potential.
- Environmental and regulatory changes impacting capture fisheries.
- Advancements in sustainable fishing practices affecting production efficiency.
