In 2023, the value of whole fresh shortfin squids production in capture fisheries in France was at a stable baseline, marking the last actual data point before forecasted increases. From 2024, forecasts indicate a consistent upward trend in the value expressed in thousand Euros per metric ton. This growth reflects an annual increase of approximately 4.9% in 2025, with further increases reaching approximately 4.7% in 2026, 4.5% in 2027, and 4.3% in 2028, marking an estimated CAGR of around 4.6% over the five-year period.
Future trends to watch for include:
- Potential impacts of environmental policies and changes in marine biodiversity affecting capture rates.
- Economic factors like inflation and market demand affecting prices and profitability.
- Innovations in fishing technology that may alter production efficiency.