The forecast for Roundnose Grenadier production in capture fisheries for human consumption in France shows a steady increase from 2024 to 2028, starting at 2.19 thousand euros per metric ton in 2024 and reaching 2.26 thousand euros per metric ton by 2028. This represents a consistent year-on-year growth of approximately 0.91% to 1.00%. The 5-year compound annual growth rate (CAGR) indicates a sustained positive trend, reflecting gradual improvements in market conditions or production efficiency post-2023, when the value was stable at levels slightly lower than the projected 2024 figures.
Future trends to watch for:
- Potential impacts of climate change on fishing yields and species distribution.
- Policy changes affecting fishing quotas and sustainability measures.
- Technological advancements in fishing and processing efficiency.
- Market demand shifts driven by consumer preferences and health trends.
