In 2023, the UK capture fisheries produced fresh queen scallops valued at an estimated 2.1 million euros. The forecast data for 2024 onwards suggests a declining trend, with the production value decreasing consistently each year until 2028. Year-on-year, this represents a decrease of approximately 17.6% from 2024 to 2025, 20.9% from 2025 to 2026, 25.9% from 2026 to 2027, and 34.4% from 2027 to 2028. The compound annual growth rate (CAGR) between 2024 and 2028 is calculated at approximately -27.2%.
Future trends to watch for include the impact of environmental regulations on fishing practices and the potential effects of climate change on marine biodiversity, which could further influence the queen scallop population. Additionally, market shifts in consumer preferences towards sustainable seafood could play a role in shaping production dynamics.