The forecast for total monkfish production in capture fisheries in France reveals a steady increase in value, from 5.64 Thousand Euros per Metric Ton in 2024 to 5.82 Thousand Euros per Metric Ton in 2028. Compared to the previous year's data, the average annual growth rate is consistent, though specific year-on-year percentage changes haven't been provided. In 2023, actual values likely provide the base for these upward trends, indicating a favourable market outlook. The compound annual growth rate (CAGR) over these five years suggests consistent market conditions and incremental value growth for monkfish production.
Future trends to watch for include:
- Potential impacts of environmental regulations on capture fisheries.
- Fluctuations in market demand based on consumer preferences and global market conditions.
- Technological advancements that might affect capture methods and efficiencies.