The forecast for fresh shortfin squid production in capture fisheries in France shows a steady increase in value, with figures rising from 4.48 thousand euros per metric ton in 2024 to 5.33 thousand euros per metric ton in 2028. This indicates a compound annual growth rate (CAGR) of approximately 4.4% over the forecast period, suggesting a healthy and consistent upward trend. Year-on-year growth rates from 2024 to 2028 are between 4.9% and 5.1%, reflecting stability in the market's expansion.
Future trends to watch for include:
- Potential impact of environmental regulations on capture fisheries.
- Shifts in consumer demand favoring sustainable and locally sourced seafood.
- Technological advancements in fishing practices that might affect production efficiency.
- Global economic conditions influencing export opportunities for French capture fisheries.