The production value of Whole Fresh Great Atlantic Scallop in France has shown a dynamic pattern from 2013 to 2023. After a significant peak in 2016 at 3.4 thousand euros per metric ton, the value saw a decline, reaching its lowest in 2020 at 2.66 thousand euros per metric ton. However, a notable recovery occurred in 2022, with a year-on-year increase of 10.3%. As of 2023, it stands at 2.83 thousand euros per metric ton, showing a slight decrease of 3.29% from the previous year.
Future trends to watch for:
- Stable prices: Forecasts indicate marginal yearly increases around 0.14% CAGR over the next five years.
- Watch economic factors: Factors like economic stability, fisheries regulation, and environmental impact should be monitored.
- Supply chain dynamics: Understand the role of global supply chain changes on production costs and pricing.
