As of 2023, the whole fresh shortfin squids production value in France is yet to be specifically stated, but the forecast for 2024 stands at 4.6 thousand euros per metric ton. From 2024 onwards, a steady year-on-year growth is expected, with the value increasing to 4.86 thousand euros in 2025, 5.12 thousand euros in 2026, 5.38 thousand euros in 2027, and 5.63 thousand euros in 2028, reflecting moderate growth annually. Notably, this consistent upward trend highlights a Compound Annual Growth Rate (CAGR) over the next five years, indicating a sustained increase in the value of squid production for human consumption.
Future trends to watch for:
- Potential environmental impacts affecting squid populations and yield.
- Shifts in consumer preferences towards sustainable seafood impacting demand.
- Regulatory changes in fishing quotas and sustainability standards.
