Forecast: Total Monkfishes Production in Capture Fisheries for Human Consumption in France

The forecasted data for France's total monkfish production in capture fisheries for human consumption from 2024 to 2028 shows a declining trend. Starting from 60.442 million euros in 2024, it is projected to decrease gradually to 58.246 million euros by 2028, reflecting an annual decline, calculated as a compound annual growth rate (CAGR), of approximately -1% per annum. For context, the value reached 61.014 million euros in 2023, highlighting an ongoing downward trajectory in this period.

Future trends to watch for include:

  • Possible impacts of regulatory changes on capture fisheries and efforts towards sustainable fishing practices.
  • Effects of climate change on marine life that could further influence monkfish populations and availability.
  • Shifts in consumer preferences that could alter demand, potentially boosting or reducing production figures.

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