The forecast for European smelt production in capture fisheries in France shows a consistent decline from 2024 to 2028. In 2023, the production stood at a higher level, indicating a downturn trend. The year-on-year variation reveals a steady decrease, with production declining approximately 4% each year from 2024's 24.8 metric tons to 21 metric tons in 2028. The average yearly decline, the CAGR, over the 5-year forecast period is around this percentage as well, reflecting ongoing diminishing outputs in smelt fisheries.
Future trends to watch for include potential shifts in environmental policies, climate change impacts on marine ecosystems, and technological advancements in sustainable fishing methods. Market demand fluctuations and regulatory changes could also significantly impact production levels.
