In 2023, the whole fresh catsharks production in capture fisheries in the UK was estimated at 458 Euros per metric ton. The forecast data from 2024 to 2028 shows a continual decrease in production values, with a small year-on-year decline: approximately 0.72% in 2025, 0.71% in 2026, 0.70% in 2027, and 0.69% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be a negative 0.73%, indicating a declining trend in production value.
Future trends to watch for:
- Environmental sustainability efforts and their impact on capture fisheries.
- Economic factors affecting costs and market demand in the UK and Europe.
- Technological advancements in fishing techniques that may influence production efficiency.