In 2023, the value of fresh European Conger production for industrial processing in France was recorded at 98.24 thousand Euros. The forecasted values for the years 2024 through 2028 show a rising trend, with a steady increase each year. Specifically, from 2024 to 2025, there is a 1.95% increase, while from 2025 to 2026, it rises by 1.89%. The growth continues with an increase of 1.83% from 2026 to 2027, and a further 1.79% rise by 2028. The compound annual growth rate (CAGR) across 2024 to 2028 is approximately 1.89%.
- Future trends to watch include the impact of sustainable fishing practices on production levels and potential fluctuations in market demand driven by changes in consumer preferences and regulatory policies.
- It will also be crucial to monitor potential advancements in processing technologies which could enhance efficiency and value added in the supply chain.