The production of gutted fresh catsharks in the UK capture fisheries is experiencing a declining trend. In 2023, the production value was higher than the projected 613.46 Euros per metric ton for 2024. The forecast indicates a year-on-year decline, with values falling to 597.66 Euros in 2025, 582.16 Euros in 2026, 566.98 Euros in 2027, and 552.1 Euros in 2028. This reflects a consistent downward movement.
- The average annual reduction from 2024 to 2028, reflected by the compound annual growth rate (CAGR), is anticipated to be negative, illustrating a continuous decline over the five-year forecast period.
Future trends to watch for include regulatory changes in fisheries management, shifts in consumer demand for seafood, and the impact of environmental factors on catshark populations. Monitoring these trends can provide insights into potential recovery or further decline in production.
