The forecasted imports of frozen cold-water shrimps and prawns to France from 2024 to 2028 show a consistent declining trend in value. Starting from approximately $12.3 million in 2024, the imports are expected to decrease by around 36.2% by 2028, reflecting a compounded annual growth rate (CAGR) of -10.69%. This indicates a notable reduction in demand or supply, or potentially a shift towards alternative products. In 2023, the actual imports stood at a higher value, setting the baseline for the projected decline.
Future trends to watch for include changes in consumer preferences, the impact of global economic conditions, and potential regulatory changes impacting trade. Additionally, advancements in sustainable fishing practices and shifts toward local sourcing may further influence import volumes and values.
