The forecast for gutted fresh undulate ray production in capture fisheries in the UK reveals a declining trend in value from 2024 to 2028. Starting at 1.06 thousand euros per metric ton in 2024, the value steadily decreases each year to 0.73726 thousand euros per metric ton by 2028. Compared to previous years, 2023 data stood clearly higher, indicating a downward trend. Year-on-year percentage decreases are consistent throughout the forecast period. The five-year compound annual growth rate (CAGR) indicates an average annual decline, underscoring the challenging market conditions this sector faces.
Future trends to watch for include potential impacts of regulatory changes, shifts in consumer preferences towards sustainable alternatives, and any fluctuations in supply chain efficiencies. The industry might need to adapt to sustain its economic viability in the face of these challenges.
