The forecast for the production value of Fresh Catsharks and Nursehounds in capture fisheries in France indicates a continuous decline from 2024 to 2028, starting at 534.27 euros per metric ton in 2024, down to 460.66 euros in 2028. This represents a consistent year-on-year decrease of approximately 3.7% to 3.9%, reflective of a downward trend. Given that the value in 2023, the baseline year, is unknown, it is difficult to provide specific year-on-year variations for the two preceding years. However, the compounded annual growth rate (CAGR) over these forecasted years suggests a steady decline in price, highlighting potential market pressures or changes in supply-demand dynamics.
Future trends to monitor include regulatory changes in fishing practices, shifts in consumer demand towards sustainable seafood options, and potential impacts of climate change on marine biodiversity which could further affect production volumes and pricing. Keeping an eye on technological advancements in sustainable fishing practices could also offer insights into future market adjustments.
