The forecast for fresh European smelt production in capture fisheries in France shows a declining trend from 2024 to 2028, starting at 24.8 metric tons and decreasing by approximately 3-4% each year to reach 21 metric tons by 2028. This data indicates a consistent downward pattern with a compound annual growth rate (CAGR) of around -3% from 2024 through 2028. In 2023, production stood at a higher level than forecasted figures, emphasizing the continuous upcoming downturn.
Future trends to watch for include:
- Potential impacts of environmental changes and regulations on capture practices.
- Market demand fluctuations and price adjustments influencing production scales.
- Technological advancements that may counteract declines with increased efficiency.