In 2023, France's total shrimp production in capture fisheries was valued at approximately 3.7 million Euros. The forecasted data for 2024 anticipates a value of 3.8393 million Euros, projecting an upward trend through to 2028 with an estimated value of 4.2616 million Euros. This demonstrates a consistent year-on-year growth in shrimp production, averaging at approximately 2.7% annually (CAGR). The positive trajectory highlights a steady expansion in the capture fisheries sector.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems affecting shrimp availability.
- Regulatory changes aimed at sustainable fishing practices that may influence production.
- Technological advancements in capture techniques potentially improving yield efficiency.
