Forecast: Total Prawn Production in Capture Fisheries in the UK

The forecasted total prawn production in capture fisheries in the UK shows a downward trend from 2024 to 2028. In 2023, the actual production stood at 18.71 metric tons. The year-on-year variations are as follows:

  • 2024: -3.47%
  • 2025: -3.43%
  • 2026: -3.50%
  • 2027: -3.51%
  • 2028: -3.64%

The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is -3.51%, indicating a consistent decline in production.

Future trends to watch for include potential impacts from environmental regulations, shifts in demand, and innovations in sustainable fishing practices. Monitoring these factors will be crucial for understanding the long-term trajectory of prawn production in the UK.

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