Forecast: Fresh King Crabs, Squat-lobsters Production in Capture Fisheries in the UK

In 2023, the value for Fresh King Crabs and Squat-lobsters production in capture fisheries in the UK was at 2.25 thousand euros per metric ton. Forecasts for 2024 to 2028 reveal a steady decline in value, dropping from 2.06 to 1.32 thousand euros per metric ton. Year-on-year declines are significant, with a 9.2% drop in 2024, followed by a 9% decrease in 2025, a 9.1% reduction in 2026, 10.7% in 2027, and an 11.5% decrease forecasted for 2028. The compound annual growth rate (CAGR) over the five-year period is -10.1%.

Future trends to watch for:

  • Monitor the sustainability and environmental impact of capture fisheries that could influence regulatory changes.
  • Be aware of potential trade implications, such as tariffs and trade agreements influencing pricing.
  • Stay informed on market demand shifts, particularly driven by consumer preferences for seafood products or alternative sourcing.

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