Forecast: Tails Frozen Norway Lobster Production in Capture Fisheries for Human Consumption in the UK

The forecasted production value of tails frozen Norway lobster for human consumption in the UK demonstrates a steady growth from 2024 to 2028, increasing from 38.29 thousand Euros in 2024 to 41.18 thousand Euros in 2028. This marks a positive year-on-year growth rate of approximately 2% each year. In 2023, the value was not specified, but assuming the continuous trends, it likely approximated the lower end of the projection values.

Future trends to watch for include:

  • Potential impacts of climate change on lobster habitats, which could affect supply.
  • Shifts in consumer preferences towards sustainability may influence demand.
  • Trade policies and regulations post-Brexit could alter export dynamics.

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