The Thornback Ray production in the UK capture fisheries is projected to steadily increase from €2.2291 million in 2024 to €2.3841 million in 2028. This indicates a consistent year-on-year growth, with each year showing an incremental rise in production values. From 2023 to 2024, the growth rate starts, and over the five-year forecast period, the compound annual growth rate (CAGR) averages out to capture the steady trends in the fishery sector.
Future trends to watch for include:
- Impact of environmental policies and sustainability practices on production levels.
- Potential effects of market demand fluctuations in the European seafood market.
- Technological advancements in fishing and data collection impacting efficiency.
