In 2023, the production value of fresh shortfin squids in France's capture fisheries was an estimated 4.363 million euros. The forecast data for 2024 to 2028 suggests a steady increase in production value, culminating at 5.712 million euros in 2028. Year-on-year growth rates indicate a consistent upward trajectory, ranging from 5.89% to 4.83%. This translates into a compound annual growth rate (CAGR) of approximately 5.4% over the five-year period.
Future trends to monitor include:
- The impact of environmental regulations on squid populations and capture methods.
- Technological advancements in fishing that could enhance yield efficiency.
- Market demand fluctuations in Europe and globally, affecting prices and sales.