In 2023, the production of fresh herrings and sardines in France’s capture fisheries stood at 1.27 thousand euros per metric ton. From 2024 to 2028, forecasts indicate a steady year-on-year growth in production value, starting from 1.29 to 1.39 thousand euros per metric ton. Over this period, the annual growth rates highlight incremental increases: 2.33% from 2024 to 2025, followed by 1.52% in 2026, 2.24% in 2027, and culminating with 1.46% in 2028. The compound annual growth rate (CAGR) over these five years averages 1.84%.
Future trends to watch for include:
- Potential global market shifts impacting demand and pricing.
- Environmental regulations affecting capture fisheries productivity.
- Innovations in sustainable fisheries practices influencing cost structures.
- Impact of international trade policies on export potentials and pricing stability.