In 2023, the production of Thicklip Grey Mullet in French capture fisheries was valued at approximately 3.14 thousand euros per metric ton. Over the forecast period from 2024 to 2028, the value is projected to increase gradually each year, indicating a steady upward trend. Specifically, there is an anticipated year-on-year increase of roughly 2.8% to 2.9% annually during this period. Analyzing this trend, the compound annual growth rate (CAGR) for 2024-2028 is estimated at approximately 2.9%.
Future trends to watch include potential shifts in regulatory policies, changes in environmental conditions affecting fish populations, and updates in consumer preferences which may influence demand. Monitoring these factors will be vital for stakeholders in the fisheries sector.
