The production value of gutted fresh smooth-hounds in capture fisheries in France shows a steady decline from 2024 to 2028, beginning at 155.78 thousand euros in 2024 and decreasing to 134.06 thousand euros by 2028. This marks an average annual decline of approximately 3.6% over the forecasted period, revealing negative growth when compared to 2023 figures.
Year-on-Year Variation:
- 2024-2025: -3.5%
- 2025-2026: -3.6%
- 2026-2027: -3.7%
- 2027-2028: -3.8%
The compound annual growth rate (CAGR) over the next five years is anticipated to reflect this downturn, averaging a decrease per year.
Future Trends to Watch:
Factors influencing these forecasts may include regulatory changes in the fishing industry, evolving market demand, competition, environmental conditions, and advancements in fishing technologies. Businesses involved should observe alterations in these aspects to align strategies and mitigate declines.
