In 2023, the whole fresh thornback ray production for human consumption in the UK was recorded at 1.44 thousand euros per metric ton. From 2024 to 2028, there is a steady decline in value, with a consistent year-on-year decrease of approximately 1.41%. Over the forecast period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) reflects a modest decline, indicating reduced anticipated economic value per metric ton of production.
Future trends to watch for:
- Environmental regulations and their impact on fishing quotas.
- Developments in sustainable fishing practices affecting supply and pricing.
- Shifts in consumer preferences towards sustainable seafood and its effect on market demand.