In 2023, the Fresh Spanish Ling production in capture fisheries in France stood lower compared to the forecasted values from 2024 onwards. Analyzing the forecast from 2024 to 2028, there is a consistent decline in value from €1.11 thousand per metric ton in 2024 to €1.03 thousand per metric ton in 2028, indicating a decreasing trend at a rate of approximately 1-2% per year. Over this five-year period, the compound annual growth rate (CAGR) remains negative, evidencing an annual average decline.
Future trends to watch for include potential impacts from environmental policies, changing consumer preferences, and the economic climate, which could further influence production costs and market prices in this sector.
