Forecast: Whole Fresh Thornback Ray Production in Capture Fisheries in France

The forecast for the production value of whole fresh thornback ray in capture fisheries in France from 2024 to 2028 shows a slight but consistent decline. Starting at 2.34 thousand euros per metric ton in 2024, the value gradually decreases to 2.31 by 2028. In 2023, the value stood at 2.35 thousand euros per metric ton, making for a marginal downward trend. The year-on-year variation averages at approximately -0.43% over the observed period. The compound annual growth rate (CAGR) over the five years results in a minor decline, reflecting a generally stable but reducing market value.

Future trends to watch for include:

  • Potential regulatory changes impacting capture fisheries.
  • Shifts in consumer demand for sustainable and traceable seafood products.
  • Technological advancements in fishing methods that may affect production efficiency and costs.
  • Environmental factors such as climate change affecting the availability of thornback ray habitats.

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