The forecast for cuttlefish and bobtail squid production in capture fisheries for human consumption in France shows a steady increase from 2024 to 2028, starting at 2.62 thousand euros per metric ton and reaching 2.82 thousand euros per metric ton. Comparing forecast figures with 2023 actual data is essential for understanding trends.
This upward trend indicates a year-on-year growth of approximately 1.90% over the period. If we look at the entire forecast period from 2024 to 2028, the compound annual growth rate (CAGR) remains consistent, reflecting a stable demand and price increase in the market.
Future trends to watch for include:
- Potential environmental impacts affecting marine life and fisheries output.
- Changes in consumer preferences possibly influenced by sustainability concerns.
- Economic conditions influencing the spending power of consumers on seafood products.