Seafood Market Size Value in the UK

The UK seafood market experienced fluctuations from 2012 to 2022, with notable declines in 2013 and 2016, and significant drops in 2019 and 2020. The period was marked by a major decline of nearly 14% in 2020 potentially due to pandemic-related disruptions. Following 2020, a recovery trend began with 2021 showcasing a substantial 14.56% year-on-year increase and a continued 5.36% rise in 2022. The five-year compound annual growth rate (CAGR) was -0.81%, indicating minor overall growth challenges.

Future trends to watch for include the impact of inflation and economic conditions post-COVID-19, consumer shift towards sustainability and traceability, and potential changes in seafood import/export regulations due to post-Brexit arrangements. Forecasts will need to factor in these variables for accurate predictions.

How does the United Kingdom rank in Seafood Market Size Value?

# 14 Countries Euros Last Year YoY 5-years CAGR
1 1 Spain 8,625,000,000 2023 +0.43% +1.35% View data
2 2 France 5,603,800,000 2023 -0.7% -2.49% View data
3 3 Italy 5,246,900,000 2023 -0.44% +2.33% View data
4 4 United Kingdom 5,237,500,000 2023 +0.09% -1.24%
5 5 Germany 4,720,100,000 2023 +1.3% -1.97% View data
6 6 Poland 3,745,900,000 2023 +2.82% +2.91% View data

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