In 2023, fresh European smelt production in capture fisheries in France was valued at approximately 4.2 thousand euros per metric ton. From 2024 to 2028, the forecast shows a consistent year-on-year increase: 3.93% from 2024 to 2025, 3.78% from 2025 to 2026, 3.43% from 2026 to 2027, and 3.52% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.67%.
Future trends to watch for include:
- The impact of environmental regulations on capture fisheries.
- Potential fluctuations in demand due to changes in consumer preferences.
- Technological advancements in fishing and processing that could improve efficiency and quality.
