In 2023, the production of Black Cardinal Fish in France was valued at 2.75 thousand euros. The data forecasts a consistent upward trend from 2024 to 2028, with a value escalating from 3.03 to 4.23 thousand euros. This represents a compound annual growth rate (CAGR) of approximately 8.6% over this five-year forecast period.
Year-on-year growth is anticipated with percentages: 2025 (10.2%), 2026 (9.0%), 2027 (8.0%), and 2028 (7.6%). This indicates a slowing growth rate but a healthy increase nonetheless.
Future trends to watch for include sustainable fishing practices, regulatory impacts, and shifts in market demand that could influence production levels and market value fluctuations beyond 2028.
