The forecast for whole fresh crucifix sea catfish production in capture fisheries for human consumption in France projects a gradual increase in value from 2024 to 2028. Each year sees a steady rise of 2.08% from the previous year, starting at 1.92 thousand euros per metric ton in 2024, reaching 2.08 thousand euros per metric ton in 2028. In 2023, the value was slightly lower, indicating a continuous uptick. The compound annual growth rate (CAGR) over these five years shows a modest upward trend, suggesting consistent, albeit marginal, growth in the market.
Future trends to watch for may include:
- Market demand fluctuations due to changes in consumer preferences or economic conditions.
- Impact of environmental regulations on capture fisheries and their sustainability practices.
- Technological advancements in fishery practices enhancing yield and value.
- Potential competition from aquaculture impacting capture fisheries market.