Forecast: Whole Fresh Monkfishes Production in Capture Fisheries for Human Consumption in France

In 2023, the value of whole fresh monkfish production in France's capture fisheries stood slightly below the forecast of 5.23 thousand euros per metric ton for 2024. This steady increase, predicted to continue through 2028, indicates a consistent upward trend. Year-on-year growth is calculated as follows: from 2024 to 2025, a 2.5% increase; from 2025 to 2026, 2.61%; from 2026 to 2027, 2.55%; and from 2027 to 2028, 2.30%. The 5-year compound annual growth rate (CAGR) is approximately 2.49%.

Future Trends to Watch:

  • Regulatory changes affecting fisheries and trade policies could influence production and prices.
  • Shifts in consumer preferences towards sustainable seafood may impact demand for monkfish.
  • Potential environmental changes, such as climate impacts on marine ecosystems, could affect supply and production.

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