In 2023, the Fresh Cuckoo Ray production in capture fisheries for human consumption in the UK valued at €1.13 thousand per metric ton. Forecasted data for 2024-2028 shows a gradual decrease in value from €1.11 thousand in 2024 to €1.0 thousand in 2028, indicating a consistent downward trend.
Year-on-year, the value decreases approximately by 2.7% from 2024 to 2025, 2.8% from 2025 to 2026, 1.9% from 2026 to 2027, and 2.9% from 2027 to 2028. The overall compound annual growth rate (CAGR) from 2024 to 2028 is -2.0%.
Future trends to watch for include changes in consumer preferences and market demand, regulatory impacts on capture fisheries, and environmental factors affecting cuckoo ray populations. Additionally, sustainability practices and technological innovations in the fishing industry may alter future production values.
