In 2023, the value of gutted fresh European seabass from capture fisheries in France was estimated at a similar level to the forecasted figures for 2024, aligning with the cyclical growth trajectory. The forecasted data for 2024 to 2028 shows a consistent upward trend in the value per metric ton, with an average yearly increase of approximately 1.64%. The Compound Annual Growth Rate (CAGR) over the five-year forecast period stands testament to gradual but stable pricing growth.
Future trends to watch for include:
- Sustainable fishing practices and regulations impacting supply.
- Market demand driven by consumer preferences and economic conditions.
- Possible effects of climate change on marine ecosystems influencing capture outputs.