In 2023, the production value of Whole Fresh Thicklip Grey Mullet in France's capture fisheries amounted to approximately the same as the start of the forecast data. The analysis shows a consistent annual increase in production value, highlighting a growth from 2024 to 2028. Over this period, the year-on-year growth rate remains stable at around 2.78% annually. The compound annual growth rate (CAGR) over the five-year period is also projected to be approximately 2.78%, demonstrating a steady upward trend.
Future trends to watch for include:
- The potential impact of environmental regulations on capture fisheries.
- Technological advancements in fishing methods that could influence production efficiency.
- Changes in consumer preferences affecting demand for Thicklip Grey Mullet.