Forecast: Total Cods, Hakes and Haddocks Production in Capture Fisheries in France

In 2023, the total production value of cods, hakes, and haddocks in France's capture fisheries was 101.0 million Euros. The forecasted data from 2024 to 2028 indicates a steady decline with year-on-year decreases of approximately 3.5% for each subsequent year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is forecasted at around -3.7%, highlighting a consistent downward trend in production value.

Future trends worth monitoring include:

  • Potential impacts of climate change on fish populations and habitat conditions.
  • Regulatory shifts and their influence on fishing quotas and sustainability practices.
  • Technological advancements in fishing methods and supply chain efficiencies.
  • Market demand and its potential influence on pricing and production strategies.

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