In 2023, France's seafood imports stood at an actual value of 6.1 billion USD. Forecasts from 2024 to 2028 reveal a consistent annual increase in import values, signifying steady growth. Specifically, from 2024 to 2028, the imports are projected to rise from 6.2038 billion USD to 6.6385 billion USD, registering year-on-year growth rates ranging from approximately 1.8% to 1.9%. The compound annual growth rate (CAGR) over the five-year period is estimated at 1.8%, indicating a stable upward trend in seafood imports.
Future trends to watch for include:
- Factors affecting global supply chains, such as climate change and international trade regulations, which could impact seafood availability and pricing.
- Changing consumer preferences towards sustainable and ethical seafood sourcing practices.
- Technological advancements in aquaculture that may alter supply dynamics.