In 2023, the import value of flours, meals, and pellets of fish for human consumption to France stood at a significant level. However, starting from 2024, the forecast suggests a consistent year-on-year decline in import values. The import value is expected to decrease from 1.0103 million USD in 2024 to 0.86437 million USD in 2028. The average compound annual growth rate (CAGR) over the five-year period points to an overall downturn in import values, indicating a decreasing trend in demand or a shift in market dynamics.
Future trends to watch for include:
- Potential shifts in consumer preferences towards alternative protein sources.
- Impact of regulatory changes surrounding fish products.
- Fluctuations in seafood supply due to environmental factors or geopolitical issues.
- Advancements in local production affecting import requirements.
