Forecast: Total Scads Production in Capture Fisheries in France

The forecast for France's total Scads production in capture fisheries is expected to rise steadily from 2024 to 2028. In 2023, the production value stood at 50.25 thousand euros. The forecasted growth from 2024's 53.66 thousand euros to 2028's 63.52 thousand euros signifies a positive trend. Analyzing year-on-year variations, we see consistent growth: from 2024 to 2025 there’s a 4.66% increase, 4.42% from 2025 to 2026, 4.18% from 2026 to 2027, and another 3.97% rise from 2027 to 2028. Over a five-year span, the compound annual growth rate (CAGR) is approximately 4.71%.

Future trends to watch for include fluctuations due to ecological changes, policy shifts in fisheries management, and market demand. Monitoring shifts in European Union fishing regulations and technological advancements in sustainable fishing practices could impact future production volumes and values significantly.

Top Countries about Wild Fisheries