Analysis of Forecast: Total Brown Meagre Production in Capture Fisheries in France indicates a consistent increase from 2024 to 2028. With value forecasts starting at 63.48 thousand euros per metric ton in 2024 and rising to 142.12 by 2028, this suggests a promising upward economic trend in this sector.
The predicted year-on-year growth rates are notable: a 31.44% increase in 2025, 23.61% in 2026, 18.99% in 2027, and 15.75% in 2028. These figures reflect a progressive deceleration in growth rates.
With a Compound Annual Growth Rate (CAGR) calculated at approximately 21.90% over these five years, the forecast highlights robust expansion.
Future trends to watch for include:
- Potential impacts of climate change on marine life and fishery yields.
- Technological advancements in capture techniques improving efficiency.
- Regulatory changes within the EU affecting sustainable fishing practices and quotas.