The forecasted value of whole fresh small-eyed ray production in capture fisheries in the UK shows a consistent decline from 2024 to 2028. By 2024, the value is anticipated to be 1.16 thousand euros per metric ton, reducing annually to 0.81641 by 2028. There is a year-on-year decrease: approximately -7.76% between 2024 and 2025, -8.08% from 2025 to 2026, -8.58% from 2026 to 2027, and -9.19% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period indicates a negative growth trend.
Future trends to watch for:
- Analyze the factors impacting this consistent decline, such as environmental changes or regulatory impacts on capture fisheries.
- Investigate if consumer demand and pricing fluctuations are affecting the value.
- Monitor developments in sustainable fishing practices that could influence production levels and market dynamics.