In 2023, fresh garfish production in capture fisheries in France was valued at a level that set the stage for subsequent growth. The forecasted data from 2024 to 2028 shows a steady increase in value per metric ton, suggesting a consistent year-on-year growth. Specifically, from 2024 to 2025, there's a projected growth of approximately 4.78%, while from 2025 to 2026, the increase slows slightly to 4.23%. The period from 2026 to 2027 indicates a 4.38% growth, and from 2027 to 2028, the value is set to rise by 4.19%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 4.39%, reflecting stable demand and pricing power.
Future trends to watch for include variability in fishing yields due to environmental factors, changes in consumer demand driven by shifts in dietary preferences, and regulatory impacts on capture fisheries. A potential diversification into more sustainable fishing practices could influence production dynamics and value growth.
