The gutted fresh longnosed skate production value in the UK is forecasted to decline from 2024 to 2028. The predicted value for 2024 is €430.86 per metric ton, decreasing by 17.3% in 2025, then by another 20.5% in 2026. The decline continues over two subsequent years, reducing by 25.3% and 33.1% respectively in 2027 and 2028. The annual compound growth rate (CAGR) over the period is a negative 24.9%, indicating a consistent downturn in value.
Future trends to watch for:
- Changes in UK fishery policies affecting skate capture.
- Market demand shifts due to consumer preferences.
- Impact of sustainability initiatives on fishing practices.