Forecast: Total Shrimp Production in Capture Fisheries in the UK

In 2023, the total shrimp production in capture fisheries in the UK stood at 387 metric tons. The forecast from 2024 to 2028 shows a consistent year-on-year decline: from 355.57 metric tons in 2024 to 229.46 metric tons in 2028. This indicates a sharp decline of about 10% annually. The compounded annual growth rate (CAGR) from 2024 to 2028 is approximately negative 11%, reflecting a significant downtrend in production.

Future Trends to Watch For:

  • Environmental factors impacting shrimp habitats, potentially exacerbating production declines.
  • UK policies on sustainable fishing practices and their effect on shrimp capture.
  • Emerging technologies in aquaculture that might offset capture fisheries decline.
  • Market shifts driving changes in demand and economic viability for shrimp fishing.

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