In 2023, the production of fresh small-spotted catshark in UK capture fisheries for human consumption stood at 306.47 Euros per metric ton. The forecasted data for 2024 to 2028 indicates a declining trend, with a steady annual decrease in production cost of about 1% year-on-year. This demonstrates a compound annual growth rate (CAGR) of approximately -0.8% over the next five years. Such predictions suggest a consistent reduction in market value or production efficiency.
Future trends to watch for include:
- Environmental regulations affecting fishing practices.
- Changes in consumer demand for sustainable seafood.
- Technological advancements in capture methods.
- Economic impacts on capture fisheries and pricing.
