The forecast for fresh sardine production in France's capture fisheries indicates a gradual decline from 2024's 20.217 million euros to 18.622 million euros by 2028. This forecast outlines a consistent decrease in production value year-on-year with a compound annual growth rate (CAGR) reflecting a steady downtrend over the five-year period. The situation in 2023 was the base for this analysis, where figures showed initial signs of this declining trend.
Future trends to watch for:
- Impact of environmental regulations and conservation efforts on sardine stocks.
- Market demand changes due to consumer preferences for sustainable seafood options.
- Potential shifts in global market dynamics and competition affecting French sardine fisheries.