In 2023, total European smelt production in French capture fisheries for human consumption stood at 26.3 metric tons. The forecasted decline from 2024 to 2028 shows a continual decrease. Year-on-year variations indicate declines of 3.1% from 2024 to 2025, 3.6% from 2025 to 2026, 3.8% from 2026 to 2027, and 3.5% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is -3.4%, showing a steady downward trend in production.
Future trends to watch for include:
- Environmental regulations affecting capture fisheries.
- Technological advancements in fishing methods.
- Market demand shifts impacting consumption patterns.
- Climate change and its impact on marine ecosystems.