In the UK, gutted fresh starry ray production in capture fisheries for human consumption is forecasted to decline steadily from 2024 to 2028. The value per metric ton is expected to decrease from 960.45 Euros in 2024 to 784.62 Euros in 2028. This marks a year-on-year decline of about 4% between each consecutive year.
Prior to 2024, the actual values from previous years indicate a stable market, but a dip has been forecasted post-2023. Notably, the compound annual growth rate (CAGR) over the five-year forecast period reflects an average decrease per year.
Future trends to watch for include:
- Changes in consumer demand and preference for seafood.
- Regulatory impacts concerning sustainable fishing.
- Effects of economic conditions on the fisheries sector.
