In 2023, the fresh Kitefin shark production in capture fisheries for human consumption in France stood at a value of 10.5 thousand Euros per metric ton. The forecast from 2024 to 2028 exhibits a steady year-on-year growth in value. Notably, 2024 is projected to see a rise to 11.04, followed by consistent increases each year culminating in an estimated value of 13.16 by 2028.
Year-on-year percentage variations highlight:
- 2024-2025: An increase of approximately 4.8%
- 2025-2026: Growth by around 4.7%
- 2026-2027: An increase of about 4.3%
- 2027-2028: A rise of nearly 4.2%
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.5%, indicating a robust upward trend in the market.
Future trends to watch for include potential shifts in demand due to evolving consumer preferences, sustainability concerns, and regulatory changes which could impact capture fisheries. Monitoring these factors will be crucial for predicting long-term market dynamics.
