The forecast for total sharks production in capture fisheries in the UK shows a decreasing trend from 2024 to 2028, with values declining from 1.2 to 1.11 Thousand Euros per Metric Ton. This indicates average annual declines of approximately 1-2% year-on-year over the forecasted period. In 2023, the production value stood at 1.22 Thousand Euros, reflecting the beginning of this downward trend.
Future trends to watch include:
- Impact of environmental regulations on shark fisheries.
- Influence of demand shifts for shark products in the global market.
- Technological advancements in sustainable fishing methods.
