Forecast: Whole Fresh Red Bandfish Production in Capture Fisheries in France

In 2023, the production of whole fresh red bandfish in capture fisheries in France was valued at 78.62 thousand euros. The forecast for the years 2024 to 2028 shows a steady increase in production value, from 85.69 thousand euros in 2024 to 113.87 thousand euros in 2028. Analyzing the year-on-year growth, there is a clear upward trend: a 8.36% increase from 2024 to 2025, 7.62% from 2025 to 2026, 7.02% from 2026 to 2027, and 6.49% from 2027 to 2028. This represents a compound annual growth rate (CAGR) of approximately 8.85%.

Future trends to watch include regulatory changes impacting fisheries, potential shifts in consumer demand for red bandfish, and technological advancements in sustainable fishing practices. These factors could influence production levels and their associated economic value in the coming years.

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