Forecast: Whole Frozen Norway Lobster Production in Capture Fisheries for Human Consumption in the UK

Based on forecast data, the value of whole frozen Norway lobster production in the UK for human consumption is projected to increase annually from 2024 to 2028, with a steady growth observed in the value per metric ton. In 2023, although the specific value isn't provided, the subsequent years show an average growth rate of approximately 2.25% annually, indicating a positive trend in market value.

Future trends to watch for include:

  • Potential impact of climatic conditions on lobster availability which might affect production volumes.
  • Changes in consumer demand and preferences, potentially influenced by sustainability and health trends.
  • Economic factors such as trade policies and currency fluctuations that may impact export competitiveness and market value.

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