The forecast for Whole Fresh Northern Prawn production in Norway's capture fisheries from 2024 to 2028 indicates a steady upward trend, with values increasing from 4.17 thousand Euros per metric ton in 2024 to 4.77 thousand Euros per metric ton in 2028. The year-on-year variation shows an average annual growth of approximately 3.6% over the forecasted period. In 2023, the value stood at 4.03 thousand Euros per metric ton, experiencing a notable positive trend.
Future trends to watch for include:
- Potential impacts of environmental and climatic changes on prawn habitats.
- Technological advancements in fishing techniques enhancing productivity.
- Regulatory changes affecting fishing quotas and sustainability practices.
- Fluctuations in global seafood demand influencing market prices.
