In 2023, the value for fresh shrimps and prawns production in capture fisheries stood at 3.37 thousand euros per metric ton. From 2024 onwards, the forecast shows a slight decline in value, decreasing to 3.35 in 2024, 3.32 in 2025, 3.3 in 2026, 3.28 in 2027, and 3.25 in 2028. This represents a negative annual growth rate of approximately 0.60% from 2023 to 2028, reflecting a gradual downward trend in production value for fresh shrimps and prawns in the UK fisheries sector.
Future trends to watch for:
- Potential shifts in consumer demand for seafood, which may influence production values.
- Impact of climate change on marine life and capture fisheries.
- Regulatory changes and their effects on fishing practices and production costs.