The forecasted production value of whole fresh European smelt in capture fisheries in France shows a consistent upward trend from 2024 to 2028. In 2023, the production value stood at 125.5 Thousand Euros. From 2024 to 2025, the production value is expected to increase by 4.29%. Similarly, from 2025 to 2026, a growth of 4.09% is projected. From 2026 to 2027, the anticipated rise is 3.90%, and from 2027 to 2028, the growth rate is forecasted at 3.69%. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 3.93%.
Future trends to monitor include:
- Potential impacts of environmental policies on capture fisheries production.
- Technological advancements in fishing methods that may improve yield efficiency.
- Market demand shifts due to consumer preferences for sustainable and locally sourced seafood.
- Possible economic or political factors affecting the fishing industry, such as trade agreements or regulations.
