The production value of gutted fresh shagreen ray in the UK capture fisheries is forecasted to decline from 2024 to 2028. It shows a decreasing trend from 11.09 thousand euros in 2024 to 9.68 thousand euros by 2028. Comparing the forecasted values from 2024 to 2028, a steady year-on-year decrease can be observed with percentage drops, indicating a decline over the periods. The compound annual growth rate (CAGR) for this period highlights the average annual decline in production value.
Future trends to watch include regulatory changes impacting capture fisheries, shifts in consumer preferences towards sustainable seafood, and technological advancements that could improve fishery efficiency and potentially reverse declining trends in ray production. Monitoring these factors will be crucial for stakeholders in this market.
