The forecasted value for fresh sharks production in capture fisheries in the UK from 2024 to 2028 shows a consistent downward trend. Starting at 1.2 thousand euros per metric ton in 2024, it declines gradually to 1.11 by 2028. Compared to 2023, where the value stood at 1.23 thousand euros per metric ton, this indicates a year-on-year decrease. The year-on-year variations show a decline of approximately 1.67% between 2024 and 2025, continuing this declining trend through the subsequent years. The compound annual growth rate (CAGR) over the forecasted period suggests an average annual decline of 1.71%.
Future trends to watch for include potential changes in environmental regulations and conservation efforts, which may impact shark populations and influence production levels. Additionally, shifts in consumer demand for sustainable seafood could further affect pricing and production strategies in this sector.
