As of 2023, France's Fresh European Conger production in capture fisheries for industrial processing was positioned just below the 65.8 metric ton mark. The forecast for 2024 indicates a slight increase to 65.8 metric tons, followed by a minor year-on-year growth, stabilizing around 66 metric tons through 2027, and marginally rising to 66.1 metric tons by 2028. The compound annual growth rate (CAGR) indicates a steady growth of approximately 0.1% over the next 5 years. These minimal increases suggest a stable yet sluggish growth trend in the coming years.
Future trends to watch for include:
- Potential impacts of regulatory changes on capture fisheries.
- Influence of technological advancements in fishing practices on production efficiency.
- Shifts in demand patterns for industrial processing.
- Environmental considerations affecting capture fisheries sustainability.