The forecast for Fresh Thornback Ray production in capture fisheries in the UK indicates a gradual decline in economic value from 2024 to 2028, decreasing from 1.5 to 1.38 Thousand Euros per Metric Ton. When compared to 2023 data, this forecast suggests a consistent decrease year-on-year. Specifically, the value drops by 2% each year between 2024 and 2028. The Compound Annual Growth Rate (CAGR) for the forecast period reflects a similar downward trend at approximately -2% annually.
Future trends to monitor include changes in fishing regulations, environmental impacts on thornback ray populations, and market demand shifts, which could affect both production volumes and economic valuation positively or negatively.
