Based on the forecast data for gutted fresh Ballan wrasse production in France, the projected price in 2024 is 2.4 thousand euros per metric ton, marking a steady year-on-year increase of 2.5% up to 2028. In 2023, the value stood at 2.34 thousand euros. Over the five-year forecast period, the compound annual growth rate (CAGR) reflects consistent growth, highlighting a stable market.
Future trends to watch for include:
- Changes in consumer demand influenced by dietary trends focusing on local and sustainable seafood options.
- Impact of environmental regulations and sustainability initiatives on capture fishery practices.
- Evolution of competitive market dynamics in broader European seafood markets.