In 2023, the production value for fresh herrings, sardines, and anchovies in capture fisheries for industrial processing in France stood at a previously lower rate. Forecasts from 2024 to 2028 project gradual increases in value from 983.69 Euros per metric ton in 2024 to 988.9 Euros per metric ton in 2028. Year-on-year growth rates show incremental percentage increases, reflecting a stable market. Over this five-year period, the compound annual growth rate (CAGR) indicates a modest upward trend.
Future trends to watch:
- Shift in consumer preferences toward sustainable seafood sources.
- Possible impact of climate change on fish populations, affecting availability and prices.
- Regulatory changes in industrial fishing practices that could influence production levels.