The forecast for the UK shows a gradual decline in the value of fresh sharks, rays, and chimaeras production for human consumption, starting from 2024 with 1.03 thousand euros per metric ton. This decreases to 0.89365 by 2028. When compared to 2023, there is a noticeable downward trend. The year-on-year percentage decline from 2024 to 2028 averages around 3.5%. The compound annual growth rate (CAGR) over this period is negative, reflecting a steady reduction in production value.
Future trends to watch include the impact of environmental regulations, shifts in consumer preferences, and changes in international demand. These factors may influence the production volume and the economic viability of the capture fisheries sector in the UK.
