In 2023, the gutted fresh undulate ray production in UK capture fisheries stood at €1,060 per metric ton. Forecasts anticipate a consistent year-on-year decline in value from 2024 to 2028, with a CAGR reflecting an overall decrease over this period. Notable year-on-year decreases include a 7.72% drop from 2024 to 2025, followed by an 8.35% decline from 2025 to 2026, a 8.94% from 2026 to 2027, concluding with a 9.62% from 2027 to 2028.
Future trends to watch for:
- Potential regulatory impacts leading to limited fishing quotas.
- Shifts in consumer demand affecting market prices.
- Environmental factors impacting undulate ray populations.