The forecast for Fresh Sandy Ray production in the UK's capture fisheries shows a declining trend from 2024 to 2028. In 2023, the production stood at 116.90 thousand euros. The year-over-year decrease from 2024 to 2025 is approximately 1.1%, continuing with a similar decline in subsequent years: a 1.1% decrease in 2026, a 1.1% decrease in 2027, and a further 1.1% decrease in 2028. Over these five years, the Compound Annual Growth Rate (CAGR) stands at approximately -1.1%.
Future trends to watch for:
- Regulatory changes impacting fishing quotas and sustainability practices.
- Technological advancements in fishing techniques and equipment.
- Shifts in consumer demand for sustainable seafood products.
- Possible impacts of climate change on marine biodiversity and stock levels.