The forecast for Whole Fresh Sand Steenbras production in capture fisheries for human consumption in France indicates a steady increase in value, from 2023 through to 2028. In 2023, this value was set at a baseline compared to the 2024 forecast of 10.1 thousand euros per metric ton; the value projects a consistent annual growth, reaching 10.76 thousand euros per metric ton by 2028.
Year-on-year, the production value is expected to rise between approximately 1.68% and 1.70% annually from 2024 to 2028, indicative of a modest but reliable upward trend. The Compound Annual Growth Rate (CAGR) for the five-year forecast period reflects a stable market expansion for this sector.
Future trends to watch include:
- Factors affecting marine biodiversity and potential regulatory changes impacting capture fisheries.
- Shifts in consumer preferences toward sustainable seafood sources, which could influence demand.
- The impact of climate change on fisheries' productivity and economics.