Forecast: Frozen Lobsters Production in Capture Fisheries for Human Consumption in the UK

In 2023, the frozen lobster production in capture fisheries for human consumption in the UK was valued at approximately 7.65 thousand euros per metric ton. Since 2024, a declining trend is projected with a year-on-year decrease of around 1% to 2% annually, reaching a forecasted value of 7.23 by 2028. Over these five years, the compound annual growth rate (CAGR) is negative, indicating a consistent decrease in value.

Key future trends to watch include:

  • Potential impacts of climate change on lobster habitats affecting supply.
  • Shifts in consumer preferences toward sustainable seafood options.
  • Evolving trade regulations post-Brexit that may influence import/export dynamics.

Top Countries about Wild Fisheries