The forecast for whole fresh Northern Quahog production for human consumption in France demonstrates a declining trend. From 2024 to 2028, the value per metric ton is expected to decrease significantly from 989.3 Euros to 110.7 Euros, marking a dramatic reduction. Specifically, between 2024 and 2025, there is a sharp decline, with an approximate 22.5% drop, followed by further substantial decreases in subsequent years. The five-year CAGR suggests a consistent negative trend, indicating an annual average decline.
Future trends to watch for:
- Market adaptations or shifts in demand for Northern Quahogs in alternative regions.
- Potential changes in environmental regulations or marine breed stocks influencing supply.
- Technological advancements in aquaculture that may alter production costs or output efficiency.
- Impact of global economic conditions on seafood markets and pricing.