In 2023, the production of whole fresh small-spotted catshark in UK capture fisheries stood at X thousand metric tons. The forecast for 2024 indicates a value of 2.35 thousand metric tons with subsequent increases reaching 2.75 thousand metric tons by 2028. This reflects a steady annual growth rate, with a projected compound annual growth rate (CAGR) over the five years to 2028. The year-on-year increase shows a positive trend ranging from 2.45% to 3.92% for the forecasted period.
Future Trends to Watch:
- Potential regulatory changes impacting fishing quotas and sustainability practices.
- Market demand shifts due to changes in consumer preferences and economic conditions.
- Technological advancements enhancing capture efficiency and data collection.
- Environmental factors affecting fish populations, such as climate change.