The fresh squillids production in capture fisheries in France is forecasted to exhibit a consistent upward trend through 2028, reflecting a healthy growth in value from 6.0 thousand euros per metric ton in 2024 to 7.34 by 2028. Compared to 2023, the growth trajectory indicates positive momentum towards increased capture and valuation of these species.
The year-on-year growth is expected to average around 5.07% over the period from 2024 to 2028, showcasing a steady demand for fresh squillids. This growth translates into a compound annual growth rate (CAGR) of approximately 5.2%, illuminating a favorable long-term trend.
Future trends to watch for include the impact of climate change on marine ecosystems, which can alter squillids' habitat and availability. Additionally, regulatory changes in fisheries management and consumer preference shifts towards sustainability could influence production levels and market value. Monitoring technological advances in fishing and processing can further add nuances to forecast adjustments.
