The forecast for small-spotted catshark production in capture fisheries for human consumption in the UK indicates a decreasing trend from 2024 to 2028. In 2023, the value was recorded at a higher and previously growing rate, marking a significant change with 2024 and beyond where we see a decreasing pattern. The year-on-year decline shows a consistent downward trend, with annual reductions in value of around 1% each year. The compound annual growth rate (CAGR) over the next five years is reflecting a negative trend.
Looking ahead, key trends to monitor include:
- Impact of environmental regulations and conservation efforts on catshark populations.
- Variations in consumer demand for catshark products influencing pricing.
- Potential climatological effects on the availability of catshark habitats affecting supply.
- Market conditions for alternative fish species that could impact demand.
