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

The forecast for gutted fresh thornback ray production in capture fisheries in the UK from 2024 to 2028 shows a consistent decline in value, starting at 1.08 thousand euros per metric ton in 2024 and dropping to 0.91923 thousand euros per metric ton by 2028. This downward trend reflects a year-on-year decrease in value by about 3.7% on average. The compound annual growth rate (CAGR) over this five-year period indicates a negative growth, emphasizing the diminishing value trend.

Future trends to watch for include regulatory changes impacting capture fisheries, environmental factors affecting supply, and market demand shifts which could influence prices. Monitoring these factors will be crucial in anticipating further developments in the industry. Additionally, exploring sustainable practices could help mitigate some of these downward pressures.

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