The Frozen Fish Fillets Market in France experienced fluctuating market sizes between 2012 and 2022. Starting at 1.0025 Billion Euros in 2012, the market saw a slight decline over the next two years, reaching a low of 0.97278 Billion Euros in 2014. However, a notable recovery began in 2015, with the market peaking at 1.2833 Billion Euros in 2019. Following this, there was a slight decline from 2020 to 2021, but the market rebounded in 2022 with a modest increase, bringing the value to 1.2181 Billion Euros.
Year-on-year variations displayed volatility, with significant positive swings in 2015 and 2019, and notable declines in 2014 and 2020. Over the past five years, the average annual growth rate (CAGR) was relatively minimal, indicating overall market stability with slight growth observed at a CAGR of 0.46% by 2022.
Future trends to watch for include potential impacts from changing consumer preferences towards sustainable and locally-sourced seafood, advancements in freezing technology, and the influence of economic factors such as inflation and disposable income levels. Additionally, market players should monitor regulatory changes related to food safety and environmental standards.
How does France rank in Frozen Fish Fillets Market Size Value?
# | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 1,254,300,000 | 2023 | +1.67% | +1.07% | |
2 | 2 Germany | 1,048,100,000 | 2023 | -1.67% | -1.83% | View data |
3 | 3 Spain | 1,007,100,000 | 2023 | +3.18% | +3.73% | View data |
4 | 4 Italy | 878,920,000 | 2023 | +4.06% | +2.74% | View data |
5 | 5 Poland | 356,160,000 | 2023 | +2.26% | +2.74% | View data |