In 2023, the production of Tails Fresh Monkfishes in France's capture fisheries was valued at approximately 1.693 million Euros. The forecast from 2024 to 2028 indicates a very slight decrease in production value each year, with annual declines below 0.05%. This gradual decrease is captured by a compound annual growth rate (CAGR) of approximately -0.01% from 2024 to 2028, reflecting a marginally downward trend over the five-year period.
Future trends to watch for:
- Potential regulatory changes in fisheries management that could impact production levels.
- Shifts in market demand that may affect pricing and production volumes.
- Environmental factors influencing the availability of monkfish stocks.