In 2023, Fresh Sandeels and Sandlances production in capture fisheries in France had a value of 1.76 thousand euros per metric ton. The forecast from 2024 to 2028 shows a stable growth with values increasing slightly from 1.76 to 1.78 thousand euros. Year-on-year variations are minimal, indicating steady but slow growth. In particular, between 2026 and 2027, there is a modest increase of approximately 0.6%. The cumulative average growth rate (CAGR) for this period is subtle, reflecting the minor annual increases.
Future trends to watch for:
- Potential changes in environmental regulations affecting fishing quotas.
- Shifts in market demand for Sandeels and Sandlances, influenced by food industry needs.
- Technological advancements in fishing methods, potentially impacting cost and efficiency.