In 2023, the production value of headed gutted fresh smooth-hounds in French capture fisheries was considerably higher than projected values in subsequent years. Forecasts for 2024 to 2028 suggest a sharp decline in production value, with year-on-year decreases of 24.2% in 2025, 31.4% in 2026, 44.8% in 2027, and 79.3% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a severe decrease, signaling an overall depreciation trend in production value.
Future trends to watch for include:
- Potential changes in marine policy or environmental regulations impacting fisheries.
- Fluctuations in market demand affecting production incentives.
- Impact of sustainable fishing practices on production dynamics.