The forecast for Solenette production in France’s capture fisheries shows a declining trend from 2024 through 2028. In 2024, the production is forecasted at 0.9 metric tons and significantly declines by 2028, reaching just 0.1 metric tons. This shows a dramatic reduction in production, reflecting a consistent year-on-year decrease ranging from approximately 22% to 67% annually. The compound annual growth rate (CAGR) over the five years reinforces this downward spiral.
Future trends to watch for include:
- Impacts of regulatory changes or sustainable fishing practices.
- Adaptations in capture technology or alternative feed sources.
- Potential changes in consumer demand affecting market dynamics.
- Environmental changes impacting solenette habitats and stocks.