The forecast for the production of sharks, rays, and chimaeras in the UK capture fisheries indicates a declining trend from 2024 to 2028. Starting at 5.113 million euros in 2024, the value decreases significantly year-on-year, showing a compound annual growth rate (CAGR) of approximately -5.54% over the forecast period.
There was a noted decrease each year, suggesting possible regulatory changes, overfishing concerns, or shifts in market demand impacting these species. Future trends to watch for include potential changes in government policies for sustainable fishing practices, innovations in fishing technology, and shifting consumer preferences towards ecological-friendly seafood options.
