The forecast for undulate ray production in the UK's capture fisheries for human consumption indicates a decreasing trend from 2024 onwards, with values reducing from 1.04 to 0.58567 thousand euros per metric ton by 2028. This represents a significant decline when comparing year-on-year percentages. Notably, this shift reflects a substantial reduction from 2023's actual performance levels, a trend emphasized by negative compound annual growth rate (CAGR) over the forecast period.
Future trends to watch for:
- Regulatory impacts on fishing practices and quotas affecting supply.
- Market demand shifts due to environmental awareness and sustainability pressures.
- Potential for innovation in aquaculture to offset declines in capture fisheries.