In 2023, the whole fresh Sand Steenbras production in France's capture fisheries was valued at 597.65 thousand euros. Forecasts for 2024 to 2028 show a consistent decline in production value, with a year-on-year decrease from 2024 to 2025 at approximately -2.0%, from 2025 to 2026 at -2.0%, from 2026 to 2027 at -2.0%, and from 2027 to 2028 at -2.0%. Over the five-year period, the compound annual growth rate (CAGR) is estimated to be roughly -2.0%, indicating a steady downtrend in production value.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems affecting supply.
- Shifts in consumer demand towards sustainable seafood options.
- Regulatory changes in fisheries management policies.
- Technological advancements in fishing practices and processing efficiency.
