As of 2023, France's production of headed gutted fresh monkfish stood at 3.10 metric tons. The forecasted data from 2024 indicates a steady increase in production, with values rising from 3.12 metric tons in 2024 to 3.23 metric tons by 2028. This reflects modest year-on-year increases ranging between 0.94% and 0.62% annually over the five-year period. The compounded annual growth rate (CAGR) showcases an average growth of 0.82% per year from 2024 to 2028.
Future trends to watch for include:
- Potential impacts of regulatory changes on fishing quotas in European waters.
- Shifts in consumer demand towards sustainably sourced seafood.
- Technological advancements in fishing and processing that may boost efficiency.
- Economic factors that could influence market dynamics and export potential.
