In the forecast for UK fresh prawn production in capture fisheries, the price per metric ton is set to gradually increase from 23.76 thousand Euros in 2024 to 24.1 thousand Euros by 2028. The steady growth from 2024 onwards reflects an annual increase hovering around 0.4-0.5%, resulting in a cumulative increase over the five-year period. As of 2023, actual pricing levels in the market serve as a basis for these projections, emphasizing consistency in demand and pricing structure.
Future trends to watch include potential impacts from climate change on capture fisheries, shifts in consumer preferences towards sustainable seafood, and potential policy changes in the UK post-Brexit that could affect tariffs or trade regulations with other countries. Monitoring these variables will be key in predicting future fluctuations in prawn production and pricing.
