The share of aquaculture in France's national fish production has been steadily declining from 45.46% in 2013 to 33.69% in 2023, showing a consistent negative yearly trend. Year-on-year variation for 2023 was -1.71%, mirroring the trend seen since 2020. The five-year CAGR leading up to 2023 was -1.57%, emphasizing an average annual decrease over recent years.
Future trends to watch for include:
- Continued negative CAGR of -1.51% forecasted for the next five years till 2028, with an expected share of 30.64% by then.
- Potential impact of regulatory changes and technological advancements in the aquaculture industry, which could alter this downward trend.
- Market consolidation and sustainability initiatives that may influence production practices and overall market share.
Keeping an eye on market dynamics and policy developments will be crucial for stakeholders in the aquaculture industry to adapt and potentially reverse the negative trends.
