Forecast: Total European Plaice Production in Capture Fisheries in France

The forecast for European plaice production in capture fisheries in France indicates a steady decline from 2024 to 2028, with projected values starting at 2.05 million Euros in 2024 and decreasing to 0.96 million Euros by 2028. This represents a significant year-on-year decrease, suggesting a downward trend in the financial valuation of this sector. In 2023, the production value stood at 2.20 million Euros, depicting a clear negative trajectory over the upcoming years. The compounded annual growth rate (CAGR) over this period reflects a continuous contraction in this market.

Future trends to watch include regulatory changes impacting fishing quotas, shifts in consumer demand for plaice, and potential impacts of climate change on marine biodiversity. Efforts toward sustainable fishing practices may mitigate some declines, but economic pressures from competitors or alternative aquaculture species could further affect industry stability.

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