The production value of Fresh Mediterranean Horse Mackerel in France is projected to rise annually from 2024 to 2028, beginning at 1.8777 million Euros in 2024 and reaching 1.9268 million Euros in 2028. The year-on-year growth rate maintains a steady increase over the five-year period, reflecting a compound annual growth rate (CAGR) that illustrates increasing demand and/or production efficiency in the capture fisheries sector. In 2023, the production stood at approximately 1.86 million Euros, indicating a consistent growth trend.
Future trends to watch for include:
- Sustainability practices in capture fisheries, which could affect production levels and profitability.
- Market demand shifts driven by consumer preferences towards more sustainable and locally-sourced seafood options.
- Regulatory changes in fishing quotas and environmental protections impacting production capacity.
- Technological advancements in fishing methods that might enhance production efficiency and reduce costs.
