The UK's capture fishery production of blue sharks is projected to decline significantly from 2024 to 2028. In 2023, the production was at a certain level, which was higher than the forecasted value in 2024. The year-on-year decrease from 2024 to 2025 is 14.76%, from 2025 to 2026 is 17.32%, from 2026 to 2027 is 20.27%, and from 2027 to 2028 is 24.58%. The compound annual growth rate (CAGR) from 2024 to 2028 stands at a negative rate, reflecting a substantial downward trend over these five years.
Future trends to watch for include:
- Regulatory changes impacting capture fisheries practices.
- Shifts in market demand and conservation efforts affecting production volumes.
- Technological advancements that may influence fishing efficiency and sustainability.