The Thornback Ray production in capture fisheries in the UK is projected to experience a gradual decline over the next five years, with the value decreasing from 1.49 thousand euros per metric ton in 2024 to 1.37 thousand euros per metric ton by 2028. This reflects a consistent year-on-year decline of approximately 2.01% through 2028.
Given the downturn trend, the implied Compound Annual Growth Rate (CAGR) is approximately -2.08% from 2024 to 2028, indicating a modest but steady reduction in production value.
Future trends to watch include potential changes in fisheries regulation, environmental impacts such as climate change, and shifts in market demand for fish and seafood products, which could affect production values and volumes.
