In 2023, the production of whole fresh catsharks in the UK’s capture fisheries stood at a higher level than forecasted values from 2024 onwards. Forecasts indicate a consistent decline from 2024 to 2028, with the year-on-year decrease ranging from -9.2% to -11.7% each year. The average annual reduction over this five-year period, calculated as the compound annual growth rate (CAGR), is expected to be -10.34%, suggesting sustained downward pressure on production levels.
Future trends to watch for include potential regulatory changes, environmental shifts impacting marine biodiversity, and market demand fluctuations. Sustainable fishing practices and shifts in consumer preferences towards alternative protein sources may also influence future production levels.
