The forecast for gutted fresh sandy ray production in the UK's capture fisheries from 2024 to 2028 suggests a gradual decline. The production value, expressed in thousand Euros, starts at 10.66 in 2024 and decreases annually to 3.68 by 2028. In 2023, the production value was notably higher, indicating a consistent downtrend in subsequent years.
Key variations include a year-on-year decrease of approximately 16.8% from 2024 to 2025, 20% from 2025 to 2026, 24.2% from 2026 to 2027, and finally 31.5% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) shows an average reduction of around 21.68% annually.
In examining future trends, it is crucial to monitor changes in marine regulations, sustainability measures, and market demand affecting fishery practices. Technological advancements in sustainable capture methodologies and potential climatic shifts could also significantly impact future production levels and market dynamics.
