The forecast for Whole Fresh Shagreen Ray production in capture fisheries in the UK from 2024 to 2028 indicates a consistent decline. Starting at 949.23 Euros per metric ton in 2024, values are expected to decrease annually, dropping to 754.77 Euros per metric ton by 2028. This represents an approximate decline of 5.3% each year from 2024 to 2025, 5.5% from 2025 to 2026, 5.7% from 2026 to 2027, and 5.9% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecast period is approximately -5.6%.
Future trends to watch for include regulatory changes impacting fishing practices, potential environmental shifts affecting marine life populations, and advancements in sustainable fishing technology. These factors may alter the projected decline in production value.