As of 2023, the value of fresh European hake production in France's capture fisheries stood at 3.58 thousand euros per metric ton. The forecast from 2024 to 2028 shows a steady increase from 3.59 to 3.62 thousand euros. This suggests a gradual upward trend, with average annual growth (CAGR) reflecting a modest increase. Year-on-year changes from 2024 to 2028 show a minimal but consistent growth pattern, indicating stability in the market with no abrupt fluctuations.
Future trends to watch for include:
- Potential impacts of climate change on marine biodiversity and hake availability.
- Regulatory changes in European fisheries that might affect production levels.
- Technological advancements in fishing techniques and supply chain improvements.
