In 2023, the production value of gutted fresh European conger for human consumption in France stood notably higher than forecasted figures for 2024 and beyond. From 2024 to 2028, forecasts indicate a gradual decline in production value from 5.45 million Euros to 5.11 million Euros. The year-on-year decrease averages around 1.50% annually, highlighting a persistent downward trend. The projected compound annual growth rate suggests a small but consistent decline in the sector, reflecting potential challenges in sustaining production levels amidst market conditions.
Future trends to watch include innovations in sustainable fishing practices and shifts in consumer preferences, which could influence demand and potentially reverse declining figures. Monitoring regulatory changes and environmental impacts will also be essential in forecasting long-term viability and growth within the industry.
