The forecasted data for France's total seafood production in capture fisheries shows a consistent declining trend from 2024 onwards. Starting with 290.34 thousand metric tons in 2024, it decreases to 247.26 by 2028. This marks a year-on-year decline: approximately 4% in 2025, 3.9% in 2026, 4% in 2027, and 4.1% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -4%. In 2023, the production stood at a higher level, indicating a declining industry.
Future trends to watch for:
- Efforts in sustainable fishing practices might influence production trends.
- Policy changes impacting fishing quotas and conservation.
- Technological advancements in fishing and processing could alter efficiency and production levels.