Forecast: Import of Fresh or Chilled Live Scallops to the UK

The forecast for the UK import of fresh or chilled live scallops suggests a declining trend from 2024 to 2028, with values starting at 3.3564 million USD in 2024 and decreasing yearly to 3.1577 million USD in 2028. In 2023, this figure stood at approximately the same level as 2024, indicating minimal variation from the previous year. The year-on-year decrease is subtle, averaging approximately -1.5%. The compound annual growth rate (CAGR) reflects a consistent decline averaging -1.5% over five years.

Future trends to watch for include:

  • Potential impacts of shifts in trade policies or tariffs affecting import costs.
  • Changes in consumer demand due to sustainability trends or dietary preferences.
  • Supply chain adjustments post-Brexit influencing import volumes and values.
  • Emerging competition from alternative seafood sources or local production boosts.

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