The forecast for whole fresh Queen scallop production in UK's capture fisheries indicates a consistent decline from 2024 through 2028. In 2023, the production value was documented at X million Euros. Forecasted figures show a significant decrease year-on-year: 2025 is expected to drop by 17.6%, 2026 by 20.9%, 2027 by 26.0%, and 2028 by 34.5%, reflecting the intensifying challenges in the sector. Over this five-year period, the expected compound annual growth rate (CAGR) shows a steep average annual decline, underscoring escalating concerns in fisheries sustainability and economic factors.
Future trends to watch for:
- Potential regulatory changes impacting fishing quotas and sustainability practices.
- Technological advancements in fishing methods improving yields.
- Market demand fluctuations influenced by global economic conditions and seafood consumption patterns.
- The effects of climate change and environmental policies on marine biodiversity and productivity in UK waters.