In 2023, the value of Fresh Thicklip Grey Mullet production in capture fisheries in France stood at an estimated 1.6865 million Euros. The forecast data for 2024 to 2028 show a steady annual increase in production value, from 1.7342 million Euros in 2024 to 1.9227 million Euros in 2028. This suggests an approximate average annual growth rate (CAGR) of around 2.6% over the five-year period.
Year-on-year variations indicate consistent growth, with each year seeing an increase of approximately 2.76%. This sustained upward trend reflects a positive market outlook for the Fresh Thicklip Grey Mullet fisheries in France.
Future Trends to Watch:
- Technological advancements in sustainable fishing methods.
- Regulatory changes impacting fishing quotas or environmental policies.
- Shift in consumer demand towards eco-friendly and sustainable seafood options.
