In 2023, the UK whole fresh Northern prawn production for human consumption in capture fisheries recorded a benchmark value, serving as the base year for future projections. From 2024 onwards, the forecast indicates a gradual increase in production value, rising each year by a consistent amount, reaching €4.33 thousand by 2028. The year-on-year percentage variation shows a steady growth pattern, suggesting a robust capture fisheries sector within the UK prawn industry.
Key future trends to monitor include:
- Environmental conditions affecting prawn habitats and potential impacts on capture rates.
- Technological advancements in fishing operations that could influence efficiency and yield.
- Changes in regulatory policies impacting the fishing industry and market dynamics.
