The forecast for the UK's import of live, fresh, or chilled clams, cockles, and arkshells indicates a steady annual growth in value, starting at $6.3162 million in 2024 and expected to reach $8.3203 million in 2028. In 2023, the imports stood at approximately $5.9 million, showcasing a consistent increase over the years. The year-on-year growth is expected to be around 8% to 9%. The compound annual growth rate (CAGR) for 2024-2028 is approximately 7-8%, highlighting a robust upward trend.
Future trends to watch for include:
- Potential impacts of post-Brexit trade agreements on import policies and tariffs.
- Changes in domestic consumer preferences towards sustainable seafood options.
- Market dynamics influenced by global supply chain challenges or economic fluctuations.
- Innovations in preservation and logistics that may reduce costs or enhance value.
