The forecast for Starry Ray production in the UK capture fisheries shows a steady upward trend from 2024 to 2028, with production increasing annually. In 2023, production stood at a point prior to this forecast growth trajectory, indicating positive momentum. Year-on-year growth is projected to range between 4.9% and 5.1%. Over the forecast period, the compound annual growth rate (CAGR) is expected to be approximately 5.6%, reflecting consistent expansion.
Future trends to watch for:
- Changing environmental regulations impacting the capture fisheries.
- The sustainability of fish stocks influencing long-term productivity.
- Market demand fluctuations affecting production volumes.
