The forecast for fresh dogfish and hound production in UK capture fisheries shows a declining trend, with values dropping from 24.71 thousand euros in 2024 to 14.81 thousand euros in 2028. In 2023, the value was higher, indicating a consistent downward trajectory. Year-on-year percentage changes illustrate this decline: approximately -10.3% from 2024 to 2025, -11.3% from 2025 to 2026, -12.5% from 2026 to 2027, and -13.9% from 2027 to 2028. This results in a compound annual growth rate (CAGR) of -11.48% over the five-year period.
Future trends to watch for:
- Shifts in consumer preferences which might impact demand for hound fish species.
- Possible regulatory changes affecting fishing quotas and practices.
- Environmental factors influencing fish populations.
- Economic variables affecting the price and sustainability of hound production.