Forecast: Gutted Fresh Small-eyed Ray Production in Capture Fisheries in the UK

The forecasted prices for gutted fresh small-eyed ray production in UK capture fisheries show a gradual increase from 2024 to 2028, with values steadily rising from 2.16 to 2.20 thousand Euros per metric ton. In 2023, the recorded value stood at 2.15 thousand Euros per metric ton. The year-on-year growth rate is consistent at approximately 0.46% annually, indicating a stable upward trend in value. The compound annual growth rate (CAGR) for the forecasted period is marginal, reflecting a steady but slow increase over the years without abrupt variations.

Future trends to watch for include:

  • Potential fluctuations in market demand and supply affecting pricing trajectories.
  • Environmental policies impacting fishery practices and production efficiency.
  • Technological advancements in fisheries that could drive productivity and impact market pricing.

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