The forecast for Fresh Axillary Seabream production in capture fisheries for human consumption in France anticipates gradual value increases from 2024 to 2028, progressing from 2.2 to 2.37 thousand euros per metric ton. Compared to 2023, this indicates an upward trend in prices. Year-on-year growth from 2024 to 2025 is 1.82%, 2025 to 2026 is 2.23%, 2026 to 2027 is 1.75%, and 2027 to 2028 is 1.72%. The compound annual growth rate (CAGR) over these five years stands at approximately 1.87%, reflecting a steady rise.
Future trends to watch for include:
- Potential impact of climate change on capture fisheries and supply stability.
- Shifts in consumer preferences towards sustainable fishing practices affecting demand.
- Economic factors, such as Eurozone markets, that might influence the pricing and profitability.
- Advancements in aquaculture technology that could alter competitive dynamics.