In 2023, the value of whole fresh big-scale sand smelt production for human consumption in capture fisheries in France was recorded at slightly above 713 euros per metric ton. Projections from 2024 to 2028 indicate a consistent decrease, with values declining from 708.8 euros per metric ton in 2024 to 687.2 euros per metric ton by 2028. Year-on-year variations suggest a gradual downward trend, averaging a decline of approximately 0.6 to 0.7% annually. The compound annual growth rate (CAGR) indicates a steady decrease in prices over this period.
Future trends to watch for:
- Potential impacts of climate change on fish populations and sustainability.
- Regulatory changes in fisheries management that may influence production levels and pricing.
- Shifts in consumer demand for sustainable and locally sourced seafood options.