The forecasted fisheries production volume in France shows a decreasing trend from 2024 to 2028. In 2023, the production stood at 700 thousand metric tons. The year-on-year variation shows a slight decline of approximately 0.5% to 0.6% each year over the forecasted period. From 2026 to 2027, the decrease is around 0.5%, continuing similarly from 2027 to 2028. Overall, the Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual decline of approximately 0.6%.
Future trends to watch for:
- Environmental regulations and sustainability practices affecting production levels.
- Technological advancements in aquaculture could alter the rate of decline or stabilize production.
- Market demand shifts influenced by consumer preferences and economic conditions.