In 2023, the value of cooked Northern prawn production in capture fisheries in Sweden stood at 19.57 thousand euros per metric ton. For 2024, the forecasted value begins at 20.16, exhibiting a year-on-year increase of approximately 3%. This upward trend continues steadily through 2028, with annual increases ranging from 2.8% to 2.9%. Specifically, the value is expected to rise to 22.52 thousand euros per metric ton by 2028. The compound annual growth rate (CAGR) over the next five years is forecasted at around 2.9%, indicating stable growth.
Future trends to watch for include changes in global seafood demand, advancements in sustainable fishing practices, and potential impacts of climate change on marine ecosystems. Additionally, fluctuations in common economic indicators such as inflation and currency exchange rates could influence the value of cooked Northern prawn production in Sweden.
