The forecast for Whole Fresh Shagreen Ray production in UK capture fisheries from 2024 to 2028 shows a consistent decline. Starting at 1.36 metric tons in 2024, a steady annual reduction is observed, reaching 1.14 metric tons by 2028. Year-on-year percentage variations reveal a slight decrease each year: -4.41% in 2025, -3.85% in 2026, -4.8% in 2027, and -4.2% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 averages out to a -4.36% decline annually. In contrast, the value recorded for 2023 stood at 1.45 metric tons, indicating a gradual downtrend.
Future trends to watch:
- Environmental regulations might further impact fishing quotas and production levels.
- Changes in consumer demand for seafood could influence capture strategies.
- Technological advancements in sustainable fishing practices may alter the production landscape.