The forecast for fresh thornback ray production in the UK capture fisheries shows a gradual decline from 2024 to 2028. From a value of 1.71 thousand Euros per metric ton in 2024, it decreases steadily to 1.62 thousand Euros per metric ton by 2028. This indicates a year-on-year decrease of approximately 1.75%, with a compound annual growth rate (CAGR) over the five years averaging around -1.05%.
Future trends to watch for include:
- Potential shifts in consumer demand for thornback ray that could impact pricing and production volume.
- Environmental policies or regulations affecting marine biodiversity and fishing practices.
- Global market dynamics that could influence export opportunities or competition with other fisheries.