The forecast for UK's whole frozen edible crab production in capture fisheries shows a steady growth from 2024 to 2028, with values rising from €3.54K to €3.82K. In 2023, actual production value data is not provided, but consistent growth is expected in subsequent years.
Year-on-year growth is approximately 1.98%, signaling a healthy rate of increase. Calculating the Compound Annual Growth Rate (CAGR) over the forecasted period yields an average annual growth of roughly 1.98% as well. This suggests stability and modest expansion for the industry.
Future trends to watch for include potential impacts from changing environmental regulations, fluctuating market demand, and advancements in sustainable fishing practices. Additionally, global economic conditions and consumer preferences for seafood products can influence production dynamics significantly.
