In 2023, the production for gutted fresh squids, cuttlefishes, and octopuses in France was valued at €6.00 per metric ton. Forecasted data from 2024 to 2028 indicates a steady year-on-year increase in value, beginning at €6.07 in 2024 and reaching €6.26 by 2028. The annual growth rate over this period is relatively gradual, suggesting consistent yet modest value appreciation. The Compound Annual Growth Rate (CAGR) over these five years reflects this steady uptick, portraying a stable growth trend.
Future trends to watch for:
- Stability in market prices due to steady demand for cephalopods in human consumption.
- Potential impacts of environmental changes or regulatory measures on the capture fisheries sector.
- Technological advancements in fishing and preservation techniques that may affect market dynamics.