In 2023, the price of gutted fresh tope shark in the UK was below the 2024 forecasted value of 860.19 Euros per metric ton, reflecting a fairly stable but gradually declining trend from 2024 to 2028. Each subsequent year shows a decrease, with a Compound Annual Growth Rate (CAGR) that indicates an average decline per year over these five years. This consistent reduction suggests that while demand or supply challenges may exist, these factors do not appear volatile.
Future trends to watch for include:
- Potential changes in consumer preferences impacting demand.
- Environmental or regulatory changes affecting capture fisheries.
- Fluctuations in European market dynamics or trade agreements.
- Technological advances in sustainable fishing practices.
