In 2023, the production value of fresh monkfishes in France stood at approximately 61 million Euros. The forecast from 2024 onwards shows a gradual decline in production value, starting from 60.386 million Euros in 2024 to 58.164 million Euros by 2028. The year-on-year percentage change indicates a consistent decrease of around 1% annually over this period. This equates to a compound annual growth rate (CAGR) that also reflects a negative trend. The declining trend may suggest challenges in maintainable catch levels or shifts in market demand.
Future trends to watch involve potential impacts of regulatory changes on fishing quotas, sustainability efforts, and consumer preferences towards alternative seafood products. Monitoring technological advancements in fishing and supply chain efficiencies could offset some of these declines. Assessing environmental pressures and shifts in international trade policies will also be key factors influencing production dynamics.
