In 2023, the total megrims production in capture fisheries for human consumption in France stood at a value of 2.31 Thousand Euros per Metric Ton. Based on forecast data from 2024 to 2028, the production value is expected to decline steadily. Specifically, a year-on-year decrease trend is observed: 3.6% from 2024 to 2025, 4.2% from 2025 to 2026, 4.4% from 2026 to 2027, and 4.1% from 2027 to 2028. The compound annual growth rate (CAGR) over this period suggests an average yearly decrease of approximately 4.08%.
Future trends to watch for include:
- The impact of regulatory changes on capture fisheries, possibly influencing production volumes and market dynamics.
- Environmental factors and their potential effects on megrims populations, which could either mitigate or exacerbate the forecasted production decline.
- Innovation in fishing techniques and sustainable practices that may alter cost structures and production values.
- Market demand shifts toward alternative fisheries, which could further influence pricing and production trends for megrims in France.