Forecast: Total Shrimp Production in Capture Fisheries in the UK

The UK shrimp production in capture fisheries is forecasted to decrease significantly from 2024 to 2028. Starting at 675.79 thousand euros in 2024, the value is projected to decline each year, reaching just 89.72 thousand euros by 2028. This reflects a consistent downward trend with steep year-on-year percentage reductions. The Compound Annual Growth Rate (CAGR) over these years indicates an alarming average decline annually.

Future trends to watch for include:

  • Environmental factors affecting shrimp habitats.
  • Regulatory changes impacting fishing quotas or restrictions.
  • Technological advancements in capture methods.
  • Market demand shifts favoring sustainable options and possible economic impacts on pricing.

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