The forecast for fresh shortfin squid production in capture fisheries in France indicates a steady increase from 2024 to 2028. Starting at 1.02 thousand metric tons in 2024, the production is expected to grow by approximately 5.88% annually, reaching an anticipated 1.24 thousand metric tons by 2028. Compared to 2023, where production stood at a lower level, these forecasts suggest a consistent upward trend. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 5.07%, reflecting robust and sustainable growth in France's squid production capabilities.
Future trends to watch for include:
- Potential impacts of climate change on squid habitats and migration patterns, which could affect stock availability.
- Advances in fishing technologies and sustainable practices that may further enhance productivity.
- The influence of regulatory changes and international trade policies on capture fisheries.
