In 2023, the total tope shark production in the UK's capture fisheries stood at approximately 8.5 thousand Euros. The forecast from 2024 to 2028 indicates a consistent decline, with production values decreasing from 7.46 thousand Euros in 2024 to 3.38 thousand Euros in 2028. This decline signifies a compounded annual growth rate (CAGR) of -16.62% over the forecast period. The year-on-year variations reveal a downward trend, with substantial percentage decreases annually, highlighting an ongoing contraction in the market.
Future trends to watch include:
- Potential impacts of regulatory changes on fishing quotas.
- Environmental factors affecting shark populations.
- Market adaptations to diminishing supply, including shifts toward sustainable aquaculture.
