In 2023, Manila clam production in the UK capture fisheries stood at 1.145 million Euros. The forecast for 2024 to 2028 indicates a steady annual increase in production value, starting from 1.1765 million Euros in 2024 and reaching 1.3009 million Euros by 2028. This marks a compound annual growth rate (CAGR) of approximately 2.5% over the five-year period. The year-on-year growth ranges around 2.7% to 2.8%, suggesting consistent expansion in the sector.
Future trends to watch for include:
- Sustainability practices affecting production levels.
- Potential impacts of climate change on marine ecosystems.
- Regulatory changes in fishing policies.
- Economic factors influencing market demand and export prices.