The forecast for whole fresh European plaice production in France's capture fisheries shows a declining trend from 2024 to 2028. The projected values in million Euros suggest a continuous decrease year-on-year, highlighting diminishing production value. This trend, if compared with actual data from 2023, where the volume exceeded 2 million Euros, underscores a significant reduction in economic output over the forecast period. Between 2024 and 2025, the decline is approximately 10.24%, followed by similar downward shifts in subsequent years. The compound annual growth rate (CAGR) reveals an average reducing trajectory across five years.
Future trends to watch for:
- The impact of regulatory changes on fisheries and sustainability practices.
- Evolving consumer preferences toward more sustainable seafood options.
- Potential advancements in fishing technology that could influence production efficiency.
- Economic factors affecting local fishing communities and international trade dynamics.
