In 2023, the actual production of Shagreen Ray in capture fisheries in the UK stood at a certain benchmark, which served as a reference point for the subsequent forecasts. From 2024 onwards, projected data indicates a consistent decline in production from 5.38 to 1.98 metric tons by 2028. Year-on-year percentage variations highlight a steady decrease in production volume each year, with a pronounced compounded annual growth rate (CAGR) reflecting a downward trend of approximately 25.5% per annum over these five years.
Future trends to watch for include:
- Impact of regulatory changes on capture limits and sustainable fishing practices.
- Potential recovery strategies in Shagreen Ray populations and their effects on fisheries.
- Economic influences on the fishing industry such as market demand and pricing pressures.