In 2023, the total production of European Common Squid in France’s capture fisheries stood at 28.2 metric tons. Over the forecasted period from 2024 to 2028, a steady increase in production is anticipated, with figures rising from 29.1 to 32.4 metric tons. This indicates a gradual year-on-year growth, with percentage increases ranging between 3% to 2% annually. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.8%, highlighting a consistent upward trend in squid production for human consumption.
Future trends to watch include potential impacts from environmental changes, regulations, and technological advancements that might affect fishing practices and squid availability, influencing production rates beyond 2028.
