In 2023, the value of whole fresh Northern prawn production in UK capture fisheries was at a baseline level. Forecasts from 2024 through 2028 indicate a steady decline, with values decreasing incrementally from 13.17 to 12.89 Thousand Euros per Metric Ton. This represents a year-on-year decrease ranging from approximately -0.6% to -0.5%. Over the five-year period, the compound annual growth rate (CAGR) is projected to be negative, reflecting a consistent downward trend.

Future trends to watch for include:

Potential impacts of climate change on prawn habitats and availability.
Changes in UK fisheries policies and their effects on capture volumes.
Market demand shifts potentially influenced by consumer preferences and economic conditions.