In 2023, the production of whole fresh round sardinella in capture fisheries in France stood at 745.00 Euros per metric ton. From 2024 to 2028, the forecasted values show a consistent upward trend. In 2024, the production value is expected to rise by 3.71% to 772.67 Euros. A year-on-year increase of approximately 3.81% is forecasted for 2025, reaching 802.11 Euros per metric ton. This upward trajectory continues through 2028, culminating in a forecasted value of 888.02 Euros, marking a 5-year compound annual growth rate (CAGR) of about 4.36%.
Future trends to watch for include:
- Potential impacts of environmental regulations and climate change on fish populations could affect production volumes and costs.
- Advancements in fishing technology may improve efficiency and sustainability, potentially altering cost structures.
- Changes in consumer demand for seafood, influenced by health and sustainability considerations, may impact market dynamics.