The Greenland halibut production in France showed a consistent declining trend from 2024 through 2028, with production decreasing slightly each year. Compared to 2023, expectations for 2024 indicate stability in productions at 19.44 metric tons before a gradual decrease. Each year sees a minor reduction in production, with the values shifting from 19.44 metric tons in 2024 to 19.21 metric tons by 2028. Year-on-year, this results in a small negative growth rate, indicating a reduction in capture fisheries for consumer consumption. The compound annual growth rate (CAGR) over this forecast period mirrors this trend with a modest decline.
Looking ahead, the focus should be on the factors driving the decline, such as regulatory changes, overfishing concerns, and market demand pressures. Sustainability practices and shifts in consumer preferences towards alternative seafood sources may significantly influence future production volumes.
