The forecast for the total production of Cods, Hakes, and Haddocks in capture fisheries in France for human consumption shows a consistent decline from 2024 to 2028. Starting at 98.09 million euros in 2024, the value drops to 94.984 million euros by 2028. In 2023, this value stood at 98.9 million euros, marking a negative trend. The year-on-year reductions range from approximately 0.8% to 1.8%, indicating a gradual decrease. The compound annual growth rate (CAGR) over this forecast period reflects a contraction, demonstrating an average decline per year.
Future trends to watch for include changes in fishing quotas, impacts of environmental policies, and market demand variations. Additionally, advancements in sustainable fishing practices may affect the supply dynamics and economic value of these fish species in the coming years. Stakeholders should closely monitor regulatory changes and evolving consumer preferences that could impact the industry landscape.
