As of 2023, whole frozen whelk production in the UK's capture fisheries stood at a value expressed in Thousand Euros Per Metric Ton. Forecasts for 2024 to 2028 show a gradual increase from 1.95 to 2.21, indicating a consistent upward trend. The expected year-on-year growth is approximately 3.5% for 2025, 3.47% for 2026, 2.87% for 2027, and 2.79% for 2028. The Compound Annual Growth Rate (CAGR) over these five years averages around 2.71%, reflecting stable long-term growth in value.
Future trends to watch for include:
- Potential shifts in consumer demand for alternative seafood products.
- Regulatory changes impacting capture fisheries efficiency and costs.
- Environmental challenges affecting whelk populations and catch volumes.
