In 2023, the value of fresh morays production in capture fisheries in France was at 6.85 thousand euros per metric ton. From 2024 onwards, a slight declining trend can be noted in the forecasted data with a year-on-year decrease in value: 2024 sees a drop to 6.84, followed by decreases to 6.83 in 2025, 6.81 in 2026, 6.8 in 2027, and 6.78 in 2028. The compound annual growth rate (CAGR) over this five-year period indicates a slow, continuous decline.
Future trends to watch for:
- Potential impacts of environmental regulations affecting capture fisheries.
- Technological advancements to improve efficiency and cost-effectiveness in production.
- Market demand fluctuations driven by consumer preference for sustainable or alternative seafood options.
- Economic factors, such as changes in tariffs or trade agreements, influencing pricing.