Forecast: Whole Fresh Smooth-hound Production in Capture Fisheries for Human Consumption in the UK

The forecast for whole fresh smooth-hound production in UK capture fisheries for human consumption indicates a consistent decline from 2024 to 2028, with values decreasing from 622.92 to 538.93 Euros per metric ton. Compared to 2023, the analysis shows a downward trend, with the value in 2023 standing higher than 2024 at roughly 645 Euros per metric ton. From 2024 to 2028, the year-on-year decreases are steady, reflecting an average annual decline of around 3.5% (CAGR) over this period. The notable decrease signals concerns over demand, supply, or environmental factors affecting production costs.

Future trends to watch include:

  • Potential changes in fishing policies post-Brexit, impacting quotas and fishing practices.
  • Environmental regulations influencing smooth-hound populations and fishing techniques.
  • Technological advancements in fishing that could improve efficiency and reduce costs.
  • Market demand shifts due to dietary preferences or economic factors impacting consumer purchasing power.

Top Countries about Wild Fisheries