Forecast: Fresh Shrimp Production in Capture Fisheries in the UK

In 2023, fresh shrimp production from capture fisheries in the UK stood at an estimated 388 metric tons. Forecasted data from 2024 indicates a consistent year-on-year decline in production, with a notable decrease of 9.1% from 2023 to 2024, and projected annual declines continuing through 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is projected to reflect a steady reduction, averaging a 10.3% decline per year.

Future trends to watch for:

  • Environmental impacts and regulatory changes that could further influence capture fisheries.
  • Technological advancements in aquaculture potentially shifting market dynamics.
  • Evolving consumer preferences toward sustainably sourced seafood.

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