In 2023, the fresh sharpsnout seabream production for human consumption in France was valued at approximately 7.4 thousand euros per metric ton. Forecast data from 2024 to 2028 indicates a consistent decline, moving from 7.34 thousand euros per metric ton in 2024 to 6.8 thousand euros per metric ton by 2028. This represents a year-on-year reduction rate of about 2% annually. The compound annual growth rate (CAGR) over the five-year period is negative, highlighting a continuous downward trend.
Future trends to watch for include:
- The impact of sustainable fishing practices and regulations that may further influence production values and market pricing.
- Potential shifts in consumer preferences towards more sustainable or alternative seafood sources.
- Global economic conditions affecting consumer spending on seafood products.
