Forecast: Fresh European Sprat Production in Capture Fisheries for Human Consumption in France

In 2023, France's capture fisheries produced approximately 11 metric tons of fresh European sprat for human consumption. The forecast for 2024 indicates a decrease to 10 metric tons, followed by continual declines to 8.6 metric tons in 2025, 7.3 metric tons in 2026, 5.9 metric tons in 2027, and 4.6 metric tons in 2028. The year-over-year decreases start at 9.09% from 2023 to 2024 and increase in magnitude each subsequent year, culminating in a 22.03% drop in 2028. The 5-year compound annual growth rate (CAGR) is expected to showcase an average annual decline of 15.76%.

Future trends to watch include:

  • Potential impacts of environmental policies and sustainability efforts on fishery production levels.
  • Shifts in consumer demand for alternative seafood products or substitute species.
  • Economic factors affecting the capture fisheries sector, such as changes in fuel prices and technological innovations in fishing.

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