The forecast for gutted frozen sharks, rays, and chimaeras production in the UK's capture fisheries from 2024 to 2028 shows a consistent declining trend. Starting at 542.76 Euros per metric ton in 2024, the value is expected to decrease each year, reaching 272.34 Euros by 2028. The annual values denote a negative year-on-year growth trend, with each subsequent year reflecting a reduced value compared to the previous.
The five-year forecast suggests an average annual decline (CAGR) highlighting the decreasing value trajectory. As the market progresses, factors contributing to these trends should be monitored.
Future trends to watch for include environmental regulations impacting fisheries, shifts in consumer demand towards sustainable seafood, and technological advances in fishing and processing methods that could affect production efficiency and market prices.
