In 2023, the production value for Whole Fresh Alfonsinos in France's capture fisheries stood at a baseline. Over the forecasted period from 2024 to 2028, production value is expected to increase from 16.27 to 22.21 thousand euros per metric ton. This represents a year-on-year growth, showing consistent progression with an annual increase of around 9% in 2024, 9.3% in 2025, followed by 8.3% in 2026 and 7.7% in 2027. The 5-year compound annual growth rate (CAGR) is anticipated to be roughly 8.1%.
Future trends to watch for include:
- Environmental factors and regulatory changes impacting fishery activities.
- Market demand fluctuations for alfonsinos in the European seafood industry.
- Technological advancements that could improve fishing efficiency and sustainability.