In 2023, the fresh razor clams production in capture fisheries in the UK stood at 10.7 thousand Euros per metric ton. The forecast for 2024 indicates a value of 11.08 thousand Euros per metric ton. This trend is expected to continue with a steady year-on-year increase of approximately 3.8% through to 2028, reaching 12.72 thousand Euros per metric ton. The compound annual growth rate (CAGR) for this period is anticipated to be around 4%.
Future trends to watch for include:
- Impact of regulatory changes on production methods and sustainability.
- Potential shifts in demand due to dietary trends and consumer preferences.
- Technological advancements that could enhance productivity and reduce costs.
- Climate change effects on marine ecosystems and their influence on capture fisheries.