In the UK, the forecast for gutted frozen sharks, rays, and chimaeras production for human consumption shows a steady decline from 2024 to 2028. The forecasted value per metric ton is expected to decrease from 1.26 thousand euros in 2024 to 1.17 in 2028. In 2023, the actual pricing was stable, marking a starting point for these forecasts.
The year-on-year percentage variation indicates a gradual decrease: -1.59% from 2024 to 2025, -2.42% from 2025 to 2026, -1.65% from 2026 to 2027, and -1.68% from 2027 to 2028. The compound annual growth rate (CAGR) over the five years averages around -1.80% annually, suggesting a consistent downtrend.
Future trends to watch for include shifts in demand driven by evolving consumer preferences, potential regulatory changes affecting fisheries, and environmental factors that could impact catch volumes. Monitoring these elements will be critical in anticipating further market adjustments.
