In 2023, the production of gutted fresh undulate ray in UK capture fisheries for human consumption was documented. Looking forward, from 2024 to 2028, the value of production is projected to increase annually, from 49.68 thousand euros in 2024 to 61.56 thousand euros in 2028. This suggests a steady annual growth trend.
Year-on-year, the growth is anticipated as follows:
- 2024 to 2025: approximately 6.15% increase
- 2025 to 2026: approximately 5.69% increase
- 2026 to 2027: approximately 5.28% increase
- 2027 to 2028: approximately 4.90% increase
The compound annual growth rate (CAGR) over this five-year period is projected at approximately 5.47%.
Looking ahead, future trends to watch for include potential regulatory changes in fisheries management, technological advancements in sustainable fishing practices, and fluctuating consumer demand which may influence production values.
