In 2023, the whole fresh shagreen ray production in capture fisheries for human consumption in France stood at a lower value than the forecasted figures from 2024 onwards. The forecast shows a consistent year-on-year growth from 2024 to 2028, with values starting from 317.81 thousand Euros in 2024, reaching up to 418.98 thousand Euros in 2028. This reflects a compounded annual growth rate (CAGR), indicative of a positive long-term trend of increasing demand or production capabilities.
Future trends to watch for:
- Impact of environmental policies on capture fisheries.
- Potential shifts in consumer preferences towards sustainable seafood options.
- Technological advancements in fishing techniques.
- Economic factors affecting spending power on luxury seafood items like shagreen ray.