In 2023, the production of fresh monkfishes in capture fisheries in France stood at a notable value, laying the groundwork for the forecasted values. As we progress from 2024 to 2028, there is a consistent, albeit modest, increase in production value each year, moving from 69.131 million euros in 2024 to 70.973 million euros in 2028. This indicates a positive trend with steady year-on-year growth rates. The compounded annual growth rate (CAGR) from 2024 to 2028 suggests a stable yet moderate increase, representative of a mature industry with incremental value growth.
Future trends to watch for include:
- Sustainability practices and how they might impact capture fisheries and production volumes.
- Market demand fluctuations influenced by consumer preferences and international competition.
- Regulatory changes due to environmental policies that could affect production strategies.