In 2023, the production value of Smalltooth Weakfish in France's capture fisheries stood at an estimated EUR 3.08 thousand per metric ton, setting a baseline for the forecast period from 2024 to 2028. The forecast indicates a gradual decline in value, with a consistent year-on-year decrease of approximately 2% annually. By 2028, the value is projected to reach EUR 2.77 thousand per metric ton, reflecting a downward Compound Annual Growth Rate (CAGR) of 2.1% over five years.
Future trends to watch for include potential regulatory changes affecting capture fisheries, shifts in demand driven by market preferences, and environmental impacts influencing fish populations. Additionally, technological advancements in fishing practices could alter production efficiency and costs.
