In 2023, the production value of headed, gutted fresh monkfish for human consumption in France stood at 37.12 thousand Euros. The forecasts for 2024 to 2028 show a steady annual increase. Specifically, from 2024 to 2028, the production value is expected to grow gradually from 37.31 to 38.07 thousand Euros, reflecting a consistent growth trend in the market.
The year-on-year percentage variations appear stable, with each year showing incremental increases that highlight steady market conditions. The five-year Compound Annual Growth Rate (CAGR) up to 2028 suggests a modest upward trend, averaging around 0.5% annually, indicative of controlled production growth.
Future trends to watch for include potential impacts from environmental regulations, shifts in consumer demand towards sustainable seafood practices, and broader macroeconomic conditions affecting seafood prices and availability. Monitoring these factors will be crucial to understanding the market dynamics of monkfish production.
