In 2023, France imported live, fresh or chilled abalone with a value of X thousand US dollars. Forecasted data from 2024 indicates a consistent upward trend, with imports growing annually by approximately 8.72% through to 2028. The year-on-year growth rates are anticipated to be 8.72% for 2024 to 2025, 7.93% for 2025 to 2026, 7.19% for 2026 to 2027, and 6.71% for 2027 to 2028. The compound annual growth rate (CAGR) over the forecast period is around 7.63%, depicting a gradually increasing demand.
Future trends to watch for include:
- Potential changes in local regulations affecting seafood imports.
- Shifts in consumer preferences towards sustainable and locally sourced seafood.
- Exchange rate fluctuations impacting import costs.
- Global supply chain disruptions that could influence availability and pricing.
