The forecast for the UK capture fisheries for headed gutted fresh sharks, rays, and chimaeras production shows a slight decline in value per metric ton from 1.74 to 1.68 thousand Euros over the period 2024 to 2028. This represents a decrease in value year-on-year, with the forecasted Compound Annual Growth Rate (CAGR) showing a subtle negative trend. In comparison, the value in 2023 was slightly higher, indicating a downward trend. The market dynamics suggest caution as the demand might decline or be affected by regulatory changes.
Future trends to watch for include:
- Changes in fisheries management and regulations.
- Shifts in consumer preferences towards sustainable seafood.
- Potential impacts of international trade agreements on the UK seafood market.
