The forecast for Thornback Ray production in capture fisheries for human consumption in France shows a gradual year-on-year increase from 2024 to 2028. In 2023, actual production stood at 1.85 thousand metric tons. The data projects an increase in production from 1.91 in 2024 to 2.13 thousand metric tons by 2028. This reflects a consistent growth trajectory, indicating moderate expansion within the industry.
Year-on-year growth percentages are as follows:
- From 2023 to 2024: 3.2% increase.
- From 2024 to 2025: 3.1% increase.
- From 2025 to 2026: 2.5% increase.
- From 2026 to 2027: 3.0% increase.
- From 2027 to 2028: 2.4% increase.
The compound annual growth rate (CAGR) over the period from 2023 to 2028 is approximately 2.8%, reflecting a stable yet modest upward trend.
Future trends to watch include potential impacts from environmental regulations, changes in marine biodiversity, market demand fluctuations, and technological advancements in sustainable fishing methods, which could all influence the future production levels and sustainability of Thornback Ray capture fisheries in France.
