The production value of Shortfin Mako in France's capture fisheries is forecasted to decline from 2024 to 2028. As of 2023, the production stood at 2,100 Euros per metric ton. The predicted year-on-year decrease rates are approximately 8.96% by 2025, continuing to drop at a similar rate annually, reaching 1,280 Euros per metric ton by 2028. The compound annual growth rate over these five years reflects a consistent negative trend.
Future trends to watch for:
- Impact of environmental regulations and conservation efforts on shark fishing.
- Potential shifts in consumer preferences towards sustainable seafood options.
- Market reaction to any international trade policies affecting shark products.