The production of whole fresh thresher sharks in capture fisheries in the UK is forecasted to decline sharply from 2024 to 2028. Starting from a value of €418.73 in 2024, it is anticipated to drop to €175.55 by 2028. If we look back at 2023, the historical production stood near this magnitude. Year-on-year variations reveal consistent decreases, with larger drops projected in subsequent years. The Compound Annual Growth Rate (CAGR) over 2024-2028 reflects a negative trend, signifying a continued downturn in production.
Future trends to watch for:
- Potential regulatory changes affecting shark fishing.
- Environmental conservation efforts and their impact on shark populations.
- Market demand shifts towards sustainable seafood options.
- Technological advancements in fisheries impacting shark catches.
- Emerging global trade policies affecting the UK fisheries sector.
