The market for headed gutted fresh smooth-hounds in France shows a slight but steady decline in value from 2024 to 2028, moving from 1.34 to 1.28 thousand euros per metric ton. The year-on-year decline is subtle, with only about a 1-2% decrease annually. In 2023, the market value recorded a similar figure as 2024, which emphasizes the gradual downtrend. The compound annual growth rate (CAGR) for the period from 2024 to 2028 highlights this modest decrease.
Future trends to watch for:
- Possible shifts in consumer demand for fresh seafood alternatives.
- Environmental regulations which might impact capture fisheries.
- Technological advancements in fishing and processing methods.
- Economic factors influencing consumer purchasing power and import/export dynamics.