Based on the forecasted data for the production of Alive Fresh Squillids in the French capture fisheries from 2024 to 2028, there is a steady increase each year. Production in 2023 stood at 70 metric tons. The year-on-year growth from 2024 to 2028 shows consistent percentage increases, suggesting a positive trend. Specifically, the growth from 2023 to 2024 was 5%, from 2025 to 2026 was 3.4%, and from 2027 to 2028 was 2.8%, indicating a decelerating trend. Over the last five years, the compound annual growth rate (CAGR) is approximately 3.6%, reflecting a steady upward trajectory.
Trends to watch for in the future include:
- Potential impacts of environmental regulations on fishing practices and their effect on production volumes.
- Technological advancements in capture methods that could enhance productivity.
- Market demand fluctuations due to changes in consumer preferences towards sustainable sources.
- Economic factors such as tariffs and trade agreements influencing international markets.