The forecast for gutted fresh Raja rays production in the UK capture fisheries shows a steady decline from 510.28 Euros per metric ton in 2024 to 298.96 Euros per metric ton by 2028. This represents a year-on-year reduction in value of approximately 10.7% from 2024 to 2025, 11.7% from 2025 to 2026, 13% from 2026 to 2027, and 14.6% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is projected to be negative, indicating an average annual decrease in value over these five years.
Future trends to watch for:
- Impact of regulatory changes affecting capture fisheries in the UK, potentially influencing both production volume and market value.
- Shifts in consumer demand for Raja rays, perhaps driven by evolving culinary trends or sustainability concerns.
- Environmental factors, such as changes in marine ecosystems, that could affect ray populations and capture rates.
