In 2023, the production value of Fresh Flathead Grey Mullet in France was at €123.45 thousand, showing a year-on-year trend of decline from 2024 onwards. The forecasted figures illustrate a steady decrease: 2024 expects €119.05 thousand, dropping further to €114.8 thousand in 2025. By 2026, the production value is projected to be €110.6 thousand, with the trend continuing to €106.44 thousand in 2027 and €102.33 thousand in 2028. This indicates a consistent year-on-year decline of approximately 3.5% from 2024 to 2028. Over this period, the compounded annual growth rate (CAGR) is -3.62%.
Future trends to watch for include the impact of ecological regulations and changing consumer preferences on capture fisheries. Monitoring innovations in sustainable practices and shifts in demand could provide opportunities for mitigating the decline in production value.
