In 2023, the total blackbelly rosefish production in capture fisheries in France stood at 1.60 thousand euros per metric ton. The forecasted data from 2024 to 2028 shows a consistent decline each year, with values decreasing from 1.48 to 1.01 thousand euros per metric ton. This represents a year-on-year decrease of 8.11% from 2024 to 2025, followed by a 8.82% decrease from 2025 to 2026, 9.68% from 2026 to 2027, and finally, a 9.82% decrease from 2027 to 2028. Over the forecasted period, the compound annual growth rate (CAGR) is approximately -8.62%.
Future trends to watch for include:
- Potential impacts of environmental policies on fishing activities and their effects on blackbelly rosefish production costs and revenue.
- Changing demand in the market due to shifts in consumer preferences or international trade regulations.
- Technological advancements in fishing techniques that may influence productivity and efficiency.