The forecast for whole fresh queen snapper production in capture fisheries in France indicates a gradual decline from 2024 to 2028. In 2023, the standing value was slightly above the forecasted data for 2024 at 9.09 thousand euros per metric ton. From 2024, a year-on-year decline of around 1% is anticipated, as the value decreases to 8.71 thousand euros per metric ton by 2028. The compound annual growth rate (CAGR) over this period reflects a consistent downward trend.
Future trends to watch for include:
- Potential impact of environmental regulations, which might further influence capture fisheries.
- Advancements in sustainable fishing practices could stabilize or reverse the declining trend.
- Shifts in consumer preferences towards sustainably sourced fish might impact market dynamics positively.
