Forecast: Frozen Crustaceans Production in Capture Fisheries for Human Consumption in the UK

In 2023, the production value of frozen crustaceans for human consumption in the UK's capture fisheries was approximately 159,000 Euros. Forecasts suggest a declining trend from 2024 to 2028. Year-on-year, the value decreases between 1.64% and 1.67% annually. The compound annual growth rate (CAGR) over the five-year forecast period is approximately -1.68%, indicating a consistent downward trajectory.

Future trends to watch for include:

  • Potential impact of regulatory changes aiming to improve sustainability in fisheries.
  • The influence of global market demands and climate change on capture rates.
  • Advancements in aquaculture technology potentially altering supply dynamics.

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