As of 2024, the forecasted price for whole fresh Kuruma prawn production in capture fisheries in France is 31.71 thousand euros per metric ton. Compared to 2023, where actual data would have been available, prices are expected to increase yearly. The year-on-year growth shows a moderate increase, with projected increments from 32.36 thousand euros in 2025 to 34.24 thousand euros in 2028.
The compound annual growth rate (CAGR) for the period 2024-2028 stands at a steady pace, indicating a consistent upward trend in prawn pricing, driven by potential factors like demand fluctuations and production costs.
Future trends to watch for:
- Potential regulatory changes in fisheries and environmental impacts.
- Technological advancements in sustainable fishing practices.
- Shifts in consumer preferences towards sustainably sourced seafood.
