The production of gutted fresh sharks, rays, and chimaeras in UK capture fisheries shows a consistent downward trend from 2024 to 2028, decreasing steadily by 0.03 thousand metric tons annually. Compared to 2023, the forecasts reflect a declining trend, indicating a potential shift in fishing practices or regulatory impacts. Year-on-year variations indicate an average annual decline of around 2% over the last five years. This consistent decrease, with a compound annual growth rate (CAGR) negative trajectory, warrants close monitoring.
Future trends to watch for include:
- Potential changes in regulations affecting shark, ray, and chimaera fishing.
- Shifts in consumer demand for these species leading to altered production volumes.
- Environmental factors impacting catch availability and sustainability practices.