The production of crustaceans in the United Kingdom of Great Britain and Northern Ireland has shown fluctuation over the past decade. Starting from 71.76 thousand metric tons in 2014, production dipped to 63.0 thousand metric tons in 2015, before recovering in subsequent years. Notable variations include a significant dip in 2020 by 16.8%, followed by a rise in 2021 by 14.74%. By 2023, production stood at 73.98 thousand metric tons, with a relatively stable year-on-year increase of 0.23% and a CAGR of 0.22% over the last five years. Forecasts predict a steady increase to 74.67 thousand metric tons by 2028, with a 5-year CAGR of 0.21%.
Future Trends to Watch For:
- Potential impacts of climate change on marine ecosystems affecting crustacean habitats.
- Changes in trade policies, especially post-Brexit, which could influence export-import dynamics.
- Technological advancements in aquaculture and sustainability practices.
- Market demand shifts driven by health trends and culinary preferences.
- Regulatory changes concerning fishing quotas and environmental conservation efforts.
