The production of gutted fresh smooth-hounds in French capture fisheries is forecasted to decline significantly from 2024 to 2028. In 2023, the latest actual figure, production was at 113.30 metric tons. In 2024, the expected production is 100.59 metric tons, marking an 11.18% decrease from 2023. This downward trend continues with a 12.96% drop in 2025, followed by a 14.82% decline in 2026, a 17.28% decrease in 2027, and a 20.83% reduction in 2028. The compound annual growth rate (CAGR) for 2024 to 2028 is approximately -14.58%, indicating a consistent decrease over these years.
Future trends to watch for include:
- Policy changes in fisheries management and sustainability measures.
- Market demand fluctuations due to consumer preferences shifting towards sustainable seafood.
- The impact of environmental factors or climate change on marine biodiversity and fish stocks.
