The forecast for the import of fresh or chilled shrimps and prawns to the UK indicates a steady growth from 12.272 million USD in 2024 to 12.51 million USD by 2028. This reflects a gradual year-on-year increase. With a consistent annual growth rate, the compound annual growth rate (CAGR) over this five-year period is modest but stable.
Several future trends should be considered:
- Potential impacts from climate change on shrimp production worldwide.
- Shifts in consumer preferences towards sustainably sourced seafood.
- Trade policy changes affecting import tariffs and regulations post-Brexit.
- Technological advancements in aquaculture that might influence supply chains.