In 2023, the import value of prepared or preserved shrimps and prawns to the UK stood at an actual value (not supplied in the data), with a forecasted value of 434.94 million USD for 2024. From the available forecast, annual import values are projected to grow steadily year-on-year, showing moderate increases to reach 449.96 million USD by 2028.
The forecast suggests a continuous positive trend with slight growth as the annual values incrementally rise. Trends over the coming years reveal a generally consistent upward trajectory.
Future trends worth watching include:
- Potential impacts of trade agreements or changes in import tariffs.
- Consumer preference shifts towards sustainably sourced seafood.
- Fluctuations in global shrimp and prawn production affecting supply chains.
- Exchange rate volatility impacting import costs.
