Forecast: Whole Fresh Red Porgy Production in Capture Fisheries in France

As of 2023, the production value of whole fresh red porgy in France's capture fisheries stood at 2.05 million Euros. Forecasted data for 2024 shows a moderate increase to 2.21 million Euros, with subsequent annual growth reflecting a consistent upward trend. Year-on-year variations show increases of approximately 7.2% by 2025, 6.7% by 2026, 6.2% by 2027, and 5.8% by 2028. The compound annual growth rate (CAGR) anticipated over these five years is around 6.5%.

Future trends to watch for include:

  • Impact of regulations on fishing practices and sustainability measures.
  • Potential shifts in consumer preferences for seafood products.
  • Technological advancements in fishing techniques for efficiency improvement.
  • Effect of climatic changes on marine ecosystems potentially influencing porgy populations.

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