The UK production of Whole Fresh Small-eyed Ray in capture fisheries reached an estimated 55.76 metric tons in 2024, indicating a steady growth trend compared to previous years. The forecast shows a progressive increase to 69.46 metric tons by 2028. From 2023 to 2024, the production is anticipated to stabilize with a continued upward trajectory. The projected year-on-year growth rates are approximately 6.33% from 2024 to 2025, 5.8% in 2026, 5.4% in 2027, and 5% leading up to 2028. Looking over a 5-year horizon from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be consistent with these year-on-year variations, showing solid market expansion.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems and fish populations.
- Regulatory changes affecting fishing quotas and sustainable fishing practices.
- Shifts in consumer demand towards sustainable seafood choices.
- Technological advancements in fishing methods improving capture efficiency.
