The forecast for fresh big-scale sand smelt production in capture fisheries for human consumption in France shows a steady increase from 2024 to 2028. The value in 2023 stood at €810. By 2024, the projected price is €848.11, representing a 4.7% increase, continuing with similar trends annually: 2025 is forecasted to see a 5.0% increase, 2026 a 4.7% increase, 2027 a 4.3% increase, and 2028 a further 3.8% increase.
Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 4.5%, indicating a moderate yet consistent rise in value per metric ton.
Future trends to watch for include:
- Potential shifts in consumer demand influenced by sustainability and local sourcing trends.
- Impacts of climate change and environmental regulations on fisheries.
- Advancements in fishing technologies and methods improving production efficiency.
- Fluctuations in the global seafood market affecting local prices.
