The forecast for smooth-hound production in UK capture fisheries from 2024-2028 reflects a steady decline. Starting at 745.24 Euros per metric ton in 2024, the value decreases annually to 707.59 Euros by 2028. This indicates a year-on-year decline, marking an average decrease (CAGR) over the period. Compared to 2023, where the value stood at a slightly higher level, the trend underscores a contraction in the market for smooth-hound.

Future trends to watch for:

Potential impacts of regulatory changes in UK fisheries management that might stabilize or reverse the decline.
Market dynamics driven by changing consumer preferences towards sustainable fisheries impacting smooth-hound demand.
Technological advancements in capture methods that could enhance efficiency and reduce costs.