In 2023, the value of Whole Fresh Bluntnose Sixgill Shark production in capture fisheries in France stood at €274 per metric ton. Forecasts from 2024 to 2028 show a gradual decline: starting at €272.5 in 2024 and dropping to €266.5 by 2028. The year-on-year variation indicates a steady decrease, with minor percentage drops, revealing a modest but consistent reduction in value over this period. The compound annual growth rate (CAGR) analysis further highlights an average yearly decrease as part of a broader downtrend.
Future trends to watch include:
- The impact of environmental regulations and sustainability measures on shark fisheries.
- Potential shifts in consumer preferences and demand for alternative seafood sources.
- Technological advancements in fisheries management that could influence production efficiency.
- Global market dynamics, including price fluctuations and trade agreements affecting export potential.