The forecast for the production of fresh marine crustaceans in France from 2024 to 2028 shows a clear declining trend. Starting at 1.07 thousand euros per metric ton in 2024, the value decreases annually, reaching 0.66 thousand euros per metric ton by 2028. This represents a significant decline year-on-year, with an average contraction of approximately 10% annually, indicating a compounding average growth rate (CAGR) over this period. The fresh marine crustaceans market was already experiencing fluctuations, standing at higher levels in 2023, suggesting ongoing challenges in capture fisheries.
Trends to watch for:
- Impact of environmental regulations on production levels.
- Technological advancements in sustainable fishing practices.
- Market shifts toward alternative protein sources due to environmental concerns.
- Demand fluctuations influenced by consumer preferences and economic conditions.