Fresh Big-Scale Sand Smelt production in capture fisheries in France is showing a significant decline from its 2023 position. Forecast data suggests a downward trajectory over the next five years. The value is projected to decrease from 3.28 thousand euros in 2024 to 0.23893 thousand euros by 2028. This represents a rapid decline with diminishing year-on-year percentage variations, culminating in a negative compound annual growth rate (CAGR) over the five-year span.
Future trends to watch for include:
- Potential regulatory changes affecting fisheries policies and quotas.
- Shifts in consumer demand for fresh fish and competitive pricing pressures.
- Environmental factors impacting the availability and sustainability of sand smelt populations.