The forecast for France's production of headed gutted fresh monkfish in capture fisheries shows a gradual decline from 2024 to 2028. In 2023, the production value was approximately 14.34 thousand Euros per metric ton, marking a 1.68% decrease in 2024. This trend continues with a year-on-year decrease ranging from 1.67% to 1.7% annually. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is projected to be around -1.64%, indicating a consistent downward trend over these years.
Future trends to watch for include:
- Potential shifts in demand and consumer preferences impacting monkfish production volumes and values.
- Regulatory changes in fishing quotas or environmental policies that could affect the supply chain.
- Technological advancements in sustainable fishing practices potentially improving efficiency and yield.