The forecast for fresh European hake production values in France's capture fisheries indicates a gradual decline from 2024 to 2028. Starting at 2.67 thousand euros per metric ton in 2024 and decreasing to 2.58 by 2028, each year experiences a slight reduction, reflecting a consistent, albeit modest, downward trend. In comparison, the price in 2023 was likely slightly higher, assuming a continuation of previous patterns. This consistent decline translates to a negative compound annual growth rate (CAGR) over the five-year period.
Future trends to watch for include potential changes in consumer demand, regulatory impacts on fishing quotas, and environmental factors affecting fish supply. These elements could either stabilize prices or accelerate the current decline.
