The forecast for total Undulate Ray production in capture fisheries in France indicates a steady increase from 218.01 metric tons in 2024 to 272.82 metric tons by 2028. This equates to an approximate year-on-year growth rate of around 6-7%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is expected to be between 5-6%, showcasing a consistent upward trend in production volume. While specific data for 2023 is not provided, the continuous escalation from 2024 suggests an optimistic outlook compared to potential stagnation or decline before the forecast period.
Future trends to watch for include:
- Environmental regulations and their impact on capture fisheries.
- Sustainable fishing practices to ensure the stability of Undulate Ray populations.
- Market demand fluctuations driven by consumer interest in seafood and ecological concerns.