In 2023, the cooked shrimps and prawns production in capture fisheries in Sweden stood at 0.62279 thousand metric tons. From 2013 to 2023, the sector experienced fluctuating trends but the overall direction has been a decline. The highest value recorded was in 2014, with 1.39 thousand metric tons. Notable decreases happened in 2015, 2017, and 2021, with sharp year-on-year declines. There was a slight revival in 2020 and 2022, but the downward trend resumed in 2023.
Key percentages:
- 2021-2022: +51.41%
- 2022-2023: -20.24%
- 5-Year CAGR (2023): -5.63%
- Forecasted 5-Year CAGR (2028): -8.79%
The forecast predicts a continuous decline, with a significant reduction by 2028, reflecting a 36.88% drop in production from 2023 levels. Factors influencing this trend include regulatory changes, environmental conditions, and market demand.
Future trends to watch for:
- Innovations in sustainable fishing practices
- Global market demand fluctuations
- Changes in regulations affecting capture fisheries
- Impact of climate change on marine ecosystems
- Technological advancements in aquaculture
