The forecasted increase in the production of Fresh Thinlip Grey Mullet for human consumption in France is steady, showing a year-on-year growth of approximately 5.4% to 5.5% from 2024 to 2028, based on the data provided. The production value stood at 2.45 thousand euros per metric ton in 2023, indicating a shift towards higher value capture fisheries in subsequent years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is notable, providing a positive trajectory in terms of production value up to 3.18 thousand euros per metric ton by 2028.
Future trends to watch include factors such as environmental regulations, consumer preferences for sustainable seafood, and potential impacts from climate change. Additionally, market demand driven by health and wellness trends could further influence the production rates and value of Thinlip Grey Mullet.
