Forecast: Total Shrimps and Prawns Production in Capture Fisheries in the UK

The production of shrimps and prawns in the UK capture fisheries has experienced significant fluctuations from 2013 to 2023, starting at 895.1 tons in 2013 and decreasing to 439.84 tons in 2023. The data shows considerable year-on-year variation, with notable drops in 2014, 2015, and 2019, yet sharp rises in 2016 and 2018. Over the last two years, production fell by 6.27% on average, and the five-year compound annual growth rate (CAGR) declined by 17.62%. Looking forward to 2028, the forecast suggests a continuing downward trend with a negative five-year CAGR of 5.87% and a decrease in overall production by 26.11%.

Future trends to watch for include increased interest in sustainable fishing practices, potential impact of climate change on marine ecosystems, and evolving government policies. These factors could further influence production volumes and strategies within the UK’s capture fisheries sector.

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