In 2023, the production value of Fresh Banded Murex in capture fisheries in France stood at figures that are not explicitly given here, but projections from 2024 onwards indicate a consistent gradual decline. From 2024 to 2028, the value per metric ton is forecasted to decrease from €6.88 to €6.29 thousand, reflecting a slight annual decline.
Key insights:
- A steady downward trend with a year-on-year decrease of approximately 2.1% from 2024 to 2028.
- The compound annual growth rate (CAGR) over the five years indicates a decrease in value, consistent with observed trends.
Future trends to watch for include potential impacts of regulatory changes, shifts in consumer preferences towards sustainable seafood, and climate change influences that could affect marine biodiversity and capture volumes. Additionally, advancements in aquaculture could pose both opportunities and threats to wild capture fisheries.
