In 2023, the value of whole fresh nursehound production in capture fisheries in France was €980.00 per metric ton. The forecasted data for 2024 to 2028 shows a consistent decline in value year-on-year. In 2024, the value is expected to be €961.04 per metric ton, representing a decrease of -1.93%. This downward trend continues with a -1.97% decline in 2025, -1.96% in 2026, -1.94% in 2027, and -1.92% in 2028. The forecasted Compound Annual Growth Rate (CAGR) for the period 2024-2028 is approximately -1.95%. This indicates a steady decrease on average each year.
Future trends to watch for:
- Changes in market demand or regulatory impacts could alter the current forecasted decrease in value.
- Environmental factors and sustainability practices may influence catch volumes and, subsequently, pricing.
- Technological advancements in fishing methods could improve efficiency, affecting production costs and potential market pricing.
