The total production of Shortbill Spearfish in capture fisheries in France is projected to experience a consistent decline from 2024 to 2028, decreasing from 4.1 metric tons to 3.3 metric tons. As of 2023, actual data indicated a relatively stable production, but with a predicted year-on-year decrease of approximately 4.8% per annum, the industry faces ongoing challenges. The compound annual growth rate (CAGR) over the five-year forecast period suggests an average reduction in production each year.
Future trends to watch for include:
- Impacts from climate change affecting marine ecosystems and fish stock availability.
- Potential regulatory changes aimed at sustainable fishing practices.
- Innovation in aquaculture as an alternative to dwindling capture fishery yields.