The northern prawn production in the UK is projected to decrease steadily from 2024 through 2028. Starting at 0.6 metric tons in 2024, it declines by about 3.3% year-on-year, leading to a production forecast of 0.53 metric tons by 2028. Comparatively, estimates show that in 2023 the production was around 0.61 metric tons, indicating a continuous downward trend. With a Compound Annual Growth Rate (CAGR) reflecting an average annual reduction of approximately 2.75% over these five forecast years, the trend shows concerns in maintaining current production levels.
Future trends to watch for include changes in environmental regulations, potential impacts of climate change on prawn habitats, and technological advancements in sustainable fishing practices. The influence of international trade agreements on capture fisheries and fluctuating consumer demand could also impact future production dynamics.
