In 2023, the value for fresh sandy ray production in capture fisheries for human consumption stood at a certain level, with forecast data indicating a steady decline over the next few years. From 2024 to 2028, the value is projected to decrease annually, showing a consistent downward trend with each year registering a decrease from the previous one. The compounded annual growth rate (CAGR) over this period underscores this declining trend, reflecting an average downturn per year.
Future trends to watch for include:
- Potential impacts of regulatory changes and sustainability efforts in fishing practices.
- Fluctuations in consumer demand for fresh sandy ray within domestic and export markets.
- Effects of climate change and environmental factors on ray populations and habitats.