The total European smelt production in capture fisheries in France stood at a particular value in 2023, but the series here starts with forecasted data from 2024 onwards. From 2024 to 2028, an annual increase is projected in terms of production value, starting at 131.01 Thousand Euros in 2024 and reaching 153.19 Thousand Euros by 2028. This growth reflects a continuous positive trend over the five-year period.
Expected year-on-year variations are as follows: from 2024 to 2025, a rise of around 4.29%; from 2025 to 2026, an increase of approximately 4.07%; from 2026 to 2027, a growth of about 3.88%; and from 2027 to 2028, an escalation of roughly 3.70%. The compound annual growth rate (CAGR) over these five years suggests a steady increase in production value.
Future trends to watch for include potential impacts from changes in environmental regulations, technological advancements in fishing methodologies, and shifts in consumer demand for European smelt. All these factors could significantly influence production forecasts in the years beyond 2028.
