The total smooth-hound production in the UK within capture fisheries for human consumption is anticipated to increase steadily over the next five years. The forecasted data shows a progression from 335.2 thousand euros in 2024, reaching 366.85 thousand euros by 2028. This represents a year-on-year growth averaging just below 2.3%. The compound annual growth rate (CAGR) over the five-year period stands at approximately 2.24%.
Future trends to watch for include:
- Regulatory changes impacting fishing quotas or sustainable practices.
- Market demand shifts due to evolving consumer preferences for fish species.
- Potential impacts of climate change on marine ecosystems affecting fish availability.