The forecasted production value of rays and skates in France's capture fisheries from 2024 to 2028 shows a consistent upward trend. In 2023, the value stood at an estimated level slightly below the 2024 forecast, indicating growth in the coming years. Year-on-year changes suggest incremental growth around 1.5% to 1.8%, highlighting stable progress in production value. The Compound Annual Growth Rate (CAGR) projects a steady increase, averaged over this five-year forecast period.
Future trends to watch for include:
- Potential impact of environmental regulations on capture fisheries, possibly influencing production costs and values.
- Demand shifts driven by consumer preferences for sustainable seafood, affecting market dynamics.
- Technological advancements in fishing practices that could boost efficiency and yield.