In 2023, fresh European smelt production in capture fisheries for human consumption in France was not detailed. However, forecasted data beginning in 2024 indicates an upward trend in the value expressed in thousand Euros per metric ton. The year-on-year growth rates are approximately 3.9% in 2025, 3.7% in 2026, 3.6% in 2027, and 3.3% in 2028. The compound annual growth rate (CAGR) over this five-year period is projected to be around 3.6%, demonstrating a consistent increase in market value.
Future trends to watch for include:
- Sustainability practices impacting capture fishery methods
- Shifts in consumer demand for locally sourced versus imported smelt
- Economic factors influencing currency strength and its pricing impact
- Regulatory changes affecting marine biodiversity conservation efforts
