In 2023, the Total Dogfishes, Hounds production in capture fisheries for human consumption in the UK was valued at €26.00 thousand. Forecasts indicate a consistent decline over the next five years, with the value expected to drop from €24.71 thousand in 2024 to €14.81 thousand by 2028. Year-on-year percentage variations reveal a gradual decrease with -10.31% from 2024 to 2025, -11.29% from 2025 to 2026, -12.46% from 2026 to 2027, and -13.94% from 2027 to 2028. The compounded annual growth rate (CAGR) over the five-year forecast period is approximately -13.92%.
Future trends to watch for include:
- Potential regulatory changes impacting fishing quotas that could affect production levels.
- Shifts in consumer preferences toward sustainable seafood may further pressure production.
- Technological advancements in fishing techniques might alter future forecasts.
- Climate change effects on marine ecosystems could impact species availability and production.
