The forecast for total scallops and pectens production in the UK shows a gradual decline from 17.96 thousand metric tons in 2024 to 16.69 thousand metric tons in 2028. From 2023, production was 18.30 thousand metric tons, resulting in a year-on-year decrease of approximately 1.9% from 2023 to 2024. Analyzing the trend from 2024 to 2028, the average annual decline exhibits a compound annual growth rate (CAGR) of about 1.8%, indicating a consistent downward trend in production volume over this forecast period.
Future trends to watch for include:
- Impact of environmental regulations on the fisheries sector, potentially accelerating decline.
- Technological advancements in fishery practices that might mitigate production decreases.
- Fluctuations in consumer demand influencing the market positively or negatively.