In 2023, the whole fresh prawn production in capture fisheries for human consumption in the UK stood at a market value of approximately 23.62 thousand Euros per metric ton. Forecasts indicate a steady growth in value from 2024 to 2028, beginning with 23.71 in 2024 and reaching 24.06 thousand Euros per metric ton by 2028. Year-on-year growth shows a consistent but modest increase, reflecting a stable trend. The five-year CAGR signals a gentle upward trajectory, suggesting a resilient market potential.
Future trends to watch for include:
- Increased demand for sustainable seafood, which may influence pricing and production methods.
- Potential impact of climate change on capture fisheries, potentially affecting supply and quality.
- Advancements in technology and capture fisheries management, which could improve efficiency and output.