Forecast: Gutted Fresh Thornback Ray Production in Capture Fisheries in the UK

As of 2023, the actual production value for gutted fresh Thornback Ray in UK capture fisheries was not specified, but given subsequent forecasts, the production appears to be undergoing a gradual decline. From 2024 to 2028, the forecasted figures show a slight year-on-year decrease. Specifically, 2024 sees a production value of 788.46 thousand Euros, progressively dropping to 781.3 thousand Euros by 2028, suggesting a consistent decline trend. The compounded annual growth rate (CAGR) over this period reflects a marginal negative trend, meaning production is gradually decreasing year on year.

Future trends to watch for may include:

  • Potential impacts of climate change on fish populations which could further exacerbate declines.
  • Regulatory changes in UK fisheries management that could aim to stabilize or increase production.
  • Market demand shifts influencing pricing and profitability that could alter fishing incentives.

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