The forecast for fresh dogfish and hound production in capture fisheries within the UK shows a consistent decline from 2024 to 2028. The projected values in this period decrease from 32.69 thousand euros in 2024 to 20.67 thousand euros in 2028. This indicates a negative trend in the forecasted production value.
Year-on-year analysis highlights a consistent decrease in value: 2025 drops by approximately 9.4%, 2026 falls by about 10.27%, 2027 declines by 11.18%, and 2028 decreases by 12.43%. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual reduction of around 10.85%.
Future trends to watch for include:
- Potential implications of regulatory changes and environmental policies on fishing practices.
- Effects of market demand shifts for dogfish and hound species.
- Technological advancements and their impacts on fish capture efficiency.