In 2023, whole fresh Thicklip Grey Mullet production in France's capture fisheries was valued slightly below 1.7335 million Euros. Forecasts from 2024 to 2028 show a steady annual increase in value, culminating at 1.9215 million Euros in 2028. Year-on-year growth rates are modest, yet consistent, with an approximate Compound Annual Growth Rate (CAGR) across this five-year period reflecting a stable upward trend.
Future trends to watch include:
- Potential impacts of environmental regulations on fishing quotas.
- Market demand shifts driven by consumer preferences for sustainable seafood.
- Influence of climate change on the habitat and availability of Thicklip Grey Mullet.