The whole fresh herrings and sardines production in capture fisheries for human consumption in France is forecasted to show a steady increase over the next five years. In 2023, the value per metric ton stood at 1.26 thousand Euros. The forecasted data from 2024 to 2028 indicates a gradual annual growth, with values increasing from 1.29 to 1.39 thousand Euros per metric ton. This reflects a year-on-year increase of approximately 2.3% from 2024 to 2025 and continues at a similar rate through 2028, implying a compound annual growth rate (CAGR) of around 2% over the period.
Future trends to watch for include:
- Impact of climate change on herring and sardine populations, potentially affecting supply levels.
- Shifts in consumer preferences toward sustainable and traceable seafood products.
- Potential regulatory changes in fishing quotas and sustainability requirements.
- Advancements in fisheries technology and management practices enhancing production efficiency.