In 2023, France's total whelk production in capture fisheries was at 9.50 thousand metric tons. Forecasts for the period from 2024 to 2028 show a consistent year-on-year decline in production. The year-on-year percentage decrease is approximately 11.9% from 2024 to 2025, 13.4% from 2025 to 2026, 15.5% from 2026 to 2027, and 18% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is estimated at -13.8%, indicating a significant downward trend in whelk production.
Future trends to watch for:
- Sustainability concerns that might prompt regulatory changes impacting production levels.
- Technological advancements in fishing practices potentially influencing efficiency.
- Market demand shifts, potentially driven by changing consumer preferences or economic conditions.