The forecasted production value of gutted fresh European plaice in capture fisheries for human consumption in France shows a declining trend from 2024 to 2028. In 2023, the market value stood at 562.6 thousand euros. The year-on-year percentage decrease is consistent, with 2024 experiencing a 1.64% decline. This downward trend continues through 2028 with decreasing percentage changes. The compound annual growth rate (CAGR) over these five years is projected at -1.67%, indicating a steady, gradual reduction in production value.
Future trends to watch for:
- Environmental and regulatory factors affecting fish stock and harvesting capabilities, potentially further impacting production volumes and values.
- Shifts in consumer preferences towards sustainable and locally sourced products may influence market dynamics.
- Technological advancements in fishing and processing that could create efficiencies in production.
- Fluctuations in international demand and trade policies affecting export opportunities.