The production of whole fresh small-spotted catshark in capture fisheries in the UK is set for a steady increase from 2024 to 2028. Forecasted figures indicate an upward trajectory, beginning at 704.79 thousand euros in 2024 and reaching 823.22 thousand euros in 2028. Though the data for 2023 is not provided, the year-on-year growth from 2024 onwards showcases an average annual increase, captured in a 5-year Compound Annual Growth Rate (CAGR), demonstrating a promising future for this sector.
Future trends to watch for include:
- The impact of environmental regulations on capture fisheries practices.
- The role of sustainable fishing and its impact on production volumes.
- Changes in consumer preferences towards marine biodiversity and conservation.
- Economic factors influencing the value of capture fisheries exports from the UK.