Forecast: Filleted Fresh Sharks, Rays, Chimaeras Production in Capture Fisheries in the UK

In 2023, the production of filleted fresh sharks, rays, and chimaeras in capture fisheries was at a certain value. From 2024 to 2028, a downward trend is anticipated, with values projected to decrease from 923.02 to 666.32 Euros per metric ton. Year-on-year variations show a decline in production value, with each subsequent year experiencing a decrease. The Compound Annual Growth Rate (CAGR) over this period indicates a consistent negative growth trend, highlighting a diminishing production value each year.

Future trends to watch for include potential impacts from regulatory changes concerning species conservation and environmental sustainability, market demand shifts, as well as advancements in alternative protein sources that could further influence capture fisheries. Monitoring these factors will be crucial for adjusting strategies and forecasts accordingly.

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