Forecast: Fresh Crustaceans Production in Capture Fisheries in Sweden

The production of fresh crustaceans in capture fisheries in Sweden has experienced variability over the years. The production stood at 1.66 thousand metric tons in 2023, reflecting a 5.82% decrease from the previous year. The year-on-year variations have shown considerable fluctuations with notable extremes, such as a 38.3% increase in 2017 and a -22.74% decrease in 2016. Over the last five years, the compounded annual growth rate (CAGR) has been -3.77%, indicating an overall downward trend. Moving forward from 2024, the forecast suggests a continued decline with a 5-year forecast CAGR of -4.19% and an expected reduction in production by 19.28% by 2028.

Future trends to monitor include:

- Environmental factors affecting crustacean habitats.

- Regulatory changes in fisheries management.

- Advances in sustainable fishing technologies.

- Market demand for crustaceans in both domestic and international markets.

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