In 2023, the value of Surmullets Red Mullets production in capture fisheries in France was recorded at 3.41 thousand euros per metric ton. Forecasts for 2024 to 2028 show a gradual decline: 3.33 in 2024, 3.25 in 2025, 3.17 in 2026, 3.09 in 2027, and 3.01 in 2028. This represents a slight yearly decrease of approximately 2.3% over the forecasted period. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to reflect a consistent downward trend.
Future trends to watch include:
- Impact of environmental regulations on fishery practices.
- Potential shifts in consumer demand driven by sustainability concerns.
- Technological advancements in fishing techniques that may affect production costs and efficiency.
- Economic conditions affecting the valuation of capture fisheries.