The forecasted production value of whole fresh sardines in France's capture fisheries for human consumption shows a slight decline over the next five years, starting from 20.85 million euros in 2024 and decreasing to 20.577 million euros by 2028. This represents a marginal year-on-year reduction averaging around 0.3% during this period. In 2023, the value stood slightly higher at approximately 21 million euros, indicating a downward trend in recent years. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) suggests a gradual decrease.
Future trends to observe include:
- Potential impacts of environmental changes and sustainability efforts on sardine populations.
- Shifts in consumer preferences towards alternative seafood or plant-based products affecting demand.
- Regulatory changes in the European Union affecting fishing quotas and market access.