Forecast: Fresh Small-eyed Ray Production in Capture Fisheries in France

The production of Fresh Small-eyed Ray in French capture fisheries is forecasted to witness a steady increase over the next five years. Starting from 142.44 metric tons in 2024, the production is expected to rise to 165.19 metric tons by 2028. In 2023, the actual production stood at 136 metric tons. The year-on-year growth rate indicates consistent annual increments in production levels, suggesting a healthy uptrend.

The Compound Annual Growth Rate (CAGR) over the next five years is indicative of steady growth momentum, reflecting the sector's potential to sustain its upward trajectory.

Future trends to watch for:

  • Regulatory changes and their impact on capture fisheries.
  • Environmental factors and sustainability measures affecting Ray populations.
  • Market demand trends in seafood consumption, particularly exotic species.
  • Technological advancements in fishing methods and their adoption in the industry.
  • Impact of climate change on marine ecosystems and fishery yields.

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