The whole fresh prawn production value in capture fisheries in the UK stood at 23.75 Thousand Euros per Metric Ton in 2023. Over the last two years, there has been a slight increase in value, with a year-on-year change of 0.33% from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) has been modest at 0.15%. Historical data reveals fluctuations, notably a significant dip in 2020 followed by recovery in subsequent years.
Future trends to watch for include:
- Continued steady growth, with forecasted values showing a slight increase each year.
- Potential impacts of climate change on prawn habitats and capture fishery yields.
- Market demand and pricing influenced by sustainability and environmental considerations.