The forecast for France's fresh monkfish production for human consumption shows a gradual decline from 2024 to 2028, starting at 10.68 thousand metric tons in 2024 and decreasing to 9.9 thousand metric tons by 2028. As of 2023, the production stood slightly higher than the 2024 forecast. Annually, there's a notable average reduction of about 1.86% per year from 2024 to 2028, with a cumulative decline rate of approximately 1.86% when considering the five-year compound annual growth rate (CAGR).
Future trends to watch for:
- Potential impacts from regulatory changes in fisheries management.
- Environmental factors affecting monkfish habitats.
- Market demand dynamics driven by consumer preferences and economic conditions.
- Advancements in sustainable fishing practices and technologies.
