The total sardine production in capture fisheries for industrial processing in France is expected to see a steady increase from 2024 to 2028, rising from 980.4 Euros per metric ton in 2024 to 985 Euros per metric ton in 2028. This represents a year-on-year growth of about 0.15% from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately 0.11% over the five-year forecast period. The forecast begins after the actual value recorded in 2023.
Future trends to watch for include:
- Potential changes in fishing regulations that could impact production volumes.
- Market demand shifts due to consumer preferences towards sustainable seafood options.
- Impact of climatic and environmental changes affecting sardine populations.