The forecast for alive fresh European bittersweet production in capture fisheries for human consumption in France shows a slight upward trend from 2024 to 2028, with projected values increasing from 564.66 to 576.47 euros per metric ton. Comparing the forecasted data to 2023, there is a gradual rise in the cost, implying a steady demand and potentially tightened supply.
Year-on-year, the projected increases represent a modest growth of around 0.7% to 0.5% annually from 2024 to 2028. Over the forecasted period, the compound annual growth rate (CAGR) averages about 0.52%, reflecting a stable yet restrained growth trajectory.
Future trends to watch include:
- Changes in fishing quotas or regulations in the EU could impact supply levels and pricing.
- Shifts in consumer preferences towards sustainable seafood options may influence demand.
- Potential economic fluctuations affecting the broader European market could alter market dynamics.