In 2023, the production of Small-eyed Ray in capture fisheries in the UK stood at 173.30 thousand Euros. The forecast from 2024 to 2028 shows a consistent decline, with values dropping from 170.19 to 158.29 thousand Euros. The year-on-year decrease averages around 1.78% annually. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately -1.51%, indicating a steady reduction in production value.
Future trends to watch for include potential shifts in environmental policies, changes in consumer demand for sustainable seafood, and advancements in fishing technology, which could influence future production levels and market dynamics.
