The production of fresh sharks, rays, and chimaeras in the UK for human consumption shows a consistent declining trend from 2024 to 2028. The forecasted data indicates an annual decrease, with a 7% year-on-year reduction from 2024 to 2025, a 7.35% decrease from 2025 to 2026, a 7.79% decline from 2026 to 2027, and an 8.26% decrease from 2027 to 2028. The compounded annual growth rate (CAGR) over these five years is negative, reflecting a challenging period for the industry.

Trends to Watch For:

Environmental Regulations: Increased regulations could accelerate the decline.
Consumer Preferences: Shifts towards sustainable seafood may impact consumption.
Market Dynamics: Trade policies and competitive markets might affect production.