The forecast for whole fresh smooth-hound production in capture fisheries in the UK shows a consistent decline from 2024 to 2028. Starting at 624.91 Euros per metric ton in 2024, the value decreases year by year to 542.45 Euros per metric ton by 2028. From 2024 onwards, the year-on-year percentage change highlights a steady drop, reflecting an overall negative trend. Based on past data up to 2023, the expected compound annual growth rate (CAGR) indicates a continuous decrease in production value over the five-year forecast period.
Future trends to watch for include factors such as environmental policies affecting fishing practices, changes in consumer demand, and potential shifts in competitive markets which could impact production values. Monitoring these elements will be crucial to understand the market dynamics affecting smooth-hound production.
