The forecast for the total monkfish production in capture fisheries in France from 2024 to 2028 presents a gradual upward trend, beginning at 68.947 million euros in 2024 and reaching 70.747 million euros by 2028. This represents a steady year-on-year growth with slight increases each year. As of 2023, the value was based on the previous year’s actual production; however, specific figures for 2023 are not provided in this data. The average compound annual growth rate (CAGR) over these five years suggests sustainable growth in the sector.
Future trends to watch for include:
- Potential impacts of environmental regulations on fishing activities.
- Market demand fluctuations driven by changes in consumer preferences.
- Technological advancements in fishing methods and sustainability efforts.
- Economic factors, such as fluctuations in the Euro and inflation, affecting pricing and profitability.