In 2023, the whole fresh smalltooth weakfish production in French capture fisheries was valued at 3.12 Thousand Euros per metric ton. Forecasts indicate a gradual decline in value, with a decrease to 2.87 Thousand Euros per metric ton by 2028. This represents a year-on-year percentage variation of approximately -1.62% over the last two years. The compound annual growth rate (CAGR) between 2023 and 2028 is expected to be approximately -1.68% annually.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems which could affect fish stock sizes and health.
- Changes in regulatory policies and fishing quotas that may influence production figures.
- Market demands and shifts towards sustainable and eco-friendly fisheries impacting pricing and value.