In 2023, the capture fisheries production of Rays, Stingrays, and Mantas stood at a value of approximately 300 Euros per metric ton. From 2024 to 2028, the projected decline in values indicates a significant downward trend: a 18% decrease from 2024 to 2025, 21% from 2025 to 2026, 25% from 2026 to 2027, and a 33% decline from 2027 to 2028. Over these five years, the compound annual growth rate (CAGR) suggests an average yearly decline of nearly 20%.
Future trends to monitor include:
- Regulatory changes impacting fishing quotas and sustainable practices.
- Environmental factors affecting species population levels.
- Market demand shifts toward sustainable seafood sourcing.
- Innovations in aquaculture as potential alternatives.
