The forecast for frozen small-spotted catshark production in capture fisheries for human consumption in the UK shows a steady annual growth. From 2024 to 2028, the value of production is expected to increase annually, moving from 384.15 Euros per metric ton in 2024 to 418.88 Euros per metric ton in 2028. This indicates a sustainable demand and potential price stabilization in the coming years. The year-on-year growth rates reveal a consistent rise between 2% to 3% each year.
Future trends to watch for include:
- Potential impacts of sustainability and conservation efforts on production levels and market prices.
- Market responses to alternative proteins and shifts in consumer preferences towards eco-friendly seafood.
- Regulatory changes in the fishing industry impacting supply and cost structures.