The forecast for fresh monkfish production in capture fisheries in France shows a consistent upward trend from 2024 to 2028, with values increasing from 5.65 to 5.84 thousand euros per metric ton. This steady growth signals a positive outlook for the industry. Notably, the data reflects forecasted improvements in production efficiency or market demand driving value increases, given that in 2023, the actual standing was slightly below 5.65.
Year-on-year variations from 2024 to 2028 are subtle, indicating a stable growth environment. The Compound Annual Growth Rate (CAGR) over these five years further underscores this steady average annual increase.
Future trends to watch for include potential impacts of regulatory changes on fishing quotas, innovative fishing technologies, and shifts in consumer demand potentially affecting monkfish pricing and market competitiveness. Additionally, monitoring environmental changes and sustainable fishing practices will be crucial in maintaining healthy stock levels.
