In 2023, the value for Fresh Mediterranean Starry Ray in capture fisheries in France stood at 3.10 thousand euros per metric ton. Forecast data from 2024 to 2028 indicates a consistent downward trend. The year-on-year percentage changes show a gradual decrease, suggesting diminishing value in subsequent years: 2024 to 2025 (-2.65%), 2025 to 2026 (-2.72%), 2026 to 2027 (-2.10%), 2027 to 2028 (-2.14%). The compound annual growth rate (CAGR) for this period illustrates an average annual decline of approximately 2.5%.
Future trends to watch:
- Potential regulatory changes impacting capture fisheries' sustainability.
- Shifts in consumer demand towards sustainable seafood affecting market value.
- Advancements in fishing technology that might alter productivity or cost structure.
