The forecast for total Northern Prawn production in capture fisheries for human consumption in the UK shows a steady increase from 2024 to 2028. Starting at 20.57 thousand euros per metric ton in 2024, values are expected to rise to 22.61 thousand euros by 2028. This represents a consistent year-on-year growth around 2.5% to 2.8% annually. In 2023, the actual value stood slightly below the 2024 forecast, indicative of a growing demand and/or supply dynamics affecting prawn production.
Future trends to watch for include:
- Potential impacts of climate change on prawn habitats, affecting production.
- Technological advancements in sustainable fishing methods that could influence costs and supply.
- Shifts in consumer preferences toward seafood, which could drive further demand changes.