In 2023, French capture fisheries for smooth-hounds recorded a value of 1.35 Thousand Euros Per Metric Ton. The forecast for 2024 shows a slight increase to 1.36, with a subsequent stable outlook through 2028 at around 1.37. This indicates a modest growth trend of approximately 0.74% from 2023. This stability suggests a solid market with minimal volatility in the near term. Over the five-year period, this yields a Compound Annual Growth Rate (CAGR) of approximately 0.3%, signifying steady yet minimal advancement.
Future trends to watch include potential regulatory changes impacting fisheries' production capacities and the demand dynamics influenced by shifts in consumer preferences towards sustainable seafood options. Additionally, monitoring the global economic impacts on pricing and consumption in Europe is essential.
