The imports of fish, crustaceans, molluscs, and aquatic invertebrates to France are projected to grow steadily from $5.7481 billion in 2024 to $6.0975 billion in 2028. This follows an estimated volume of around $5.65 billion in 2023. Year-on-year growth is consistent, averaging around 1.7% with a compound annual growth rate (CAGR) over the five-year forecasted period calculated to be approximately 1.5%.
Future trends to watch for include:
- Global trade agreements and their impact on tariffs.
- Environmental regulations affecting fish stocks and sustainability practices.
- Consumer preferences towards sustainable and local seafood, potentially impacting demand.
- Emerging markets and new sourcing strategies that may affect supply chains.
- Technological advancements influencing supply chain efficiencies and costs.