In 2023, Whole Fresh Sandy Ray production in the UK’s capture fisheries was valued at approximately 109 thousand Euros. The forecast from 2024 to 2028 indicates gradual year-on-year growth, with values rising from 111.29 to 119.38 thousand Euros by 2028. The projected annual growth percentage from 2024 to 2025 is around 1.9%, maintaining a consistent upward trend through to 2028. The compound annual growth rate (CAGR) for this period averages at approximately 1.8%.
Future trends to watch for include:
- Potential impacts of climate change on fish populations and migration.
- Policy changes or trade agreements following Brexit influencing fisheries.
- Technological improvements in capture methods enhancing efficiency.
- Consumer demand shifts towards sustainable seafood options.