In 2023, the whole fresh Kuruma prawn production in France's capture fisheries was valued at an estimated €17.6 thousand. In the forecast from 2024 to 2028, a steady decline in market value is projected. Specifically, from 2024 to 2028, the value decreases annually from €16.7 thousand to €12.99 thousand, representing a consecutive yearly decrease in value.
- 2024 to 2025: -5.63%
- 2025 to 2026: -5.91%
- 2026 to 2027: -6.27%
- 2027 to 2028: -6.55%
- CAGR (2024-2028): -5.84%
Overall, this represents a consistent year-on-year decline, consistent with a broader trend predicted to average a reduction of about 5.84% annually over this period.
Future trends to watch include the impact of environmental policies, technological advancements in fisheries, and consumer preferences shifting towards sustainable seafood. The adaption to these factors could impact production and valuation in the near and long term, potentially stabilizing or reversing the declining trend.
