In 2023, the production of Headed Gutted Fresh European Hake in capture fisheries in France stood at approximately 176 metric tons. Forecasted data from 2024 to 2028 suggests a consistent increase in production volumes. Specifically, production is expected to grow from 181.77 metric tons in 2024 to 202.12 metric tons in 2028. The year-on-year growth rates are projected to be around 3.24% (from 2024 to 2025), 2.83% (from 2025 to 2026), 2.49% (from 2026 to 2027), and 2.19% (from 2027 to 2028). The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.73%.
Future trends to watch for include:
- Potential impacts of environmental regulations on capture fisheries.
- Technological advancements in fishing methods that may affect production efficiency.
- Changes in consumer demand, influencing market dynamics.
- Potential geopolitical factors that could affect fishery operations or trade policies.