The production of fresh clams, cockles, and arkshells in the UK's capture fisheries is forecasted to grow steadily from 2024 to 2028, increasing to 26.797 million euros by 2028. In 2023, the value of production stood at lower levels, indicating a positive growth trajectory. The year-on-year growth rates show consistent increases around 4-5%. Over this five-year period, the Compound Annual Growth Rate (CAGR) is expected to be just above 4% per year, demonstrating a healthy expansion trend.
Future trends to watch for include:
- Potential impacts of environmental regulations on harvest volumes.
- Shifts in consumer preferences towards sustainably sourced seafood.
- Technological advancements in fishery methods enhancing yield efficiency.
- Brexit-related changes in trade dynamics affecting market access.