In 2023, the production value of whole fresh sharks, rays, and chimaeras in UK capture fisheries was positioned before the forecast period. From 2024 onward, the data indicates a steady decline in this sector, with values expected to decrease year-on-year: a reduction from €641.09 in 2024 to €561.5 by 2028. Consequently, the compound annual growth rate (CAGR) over this five-year forecast period is negative, underscoring a consistent downturn.
Future trends to watch for include:
- Potential regulatory changes impacting fishing practices and quotas.
- Environmental concerns affecting fish populations and availability.
- Shifting consumer preferences towards sustainable seafood options.
