In 2023, the market for whole fresh scorpionfishes and rockfishes in France's capture fisheries stood at a solid base, with the value indicator serving as a benchmark for the subsequent forecasted periods. From 2024 to 2028, the projected values show a subtle and steady decline in the value per metric ton, with a year-on-year decrease ranging between 0.57% to 0.58% annually. The compound annual growth rate (CAGR) over the five years highlights a gradual average annual decrease indicative of shrinking market value in this segment.
Future trends to watch for include:
- Potential impact of ecological regulations and sustainable fishing practices on production costs.
- Changing consumer preferences towards alternative seafood choices or substitutes.
- Influence of global economic conditions on export demand and price stability.
- Technological advances in fishing and processing may alter cost structures.
