Economic and financial situation of fish, crustacean, and mollusk wholesale companies (2019-2023)

In an economic context marked by slowing consumption and persistent inflationary pressures, the fish, crustacean, and mollusk wholesale sector is experiencing a sharp decline in activity. After two years of strong post-Covid momentum, 2023 marks a turnaround in the economic climate, characterized by a drop in turnover and a continued contraction in the number of companies, in a sector that is already highly concentrated and dependent on the balance of the entire industry.

Economic and financial situation of companies

The study dedicated to the economic and financial situation of fish wholesalers provides a precise diagnosis of the sector. It highlights a widespread weakening of demand across all outlets—traditional fishmongers, catering, large-scale retail, and processing industries—as well as a progressive decline in profitability. This is notably explained by the continuous rise in logistics, energy, and wage costs. Financial balances also appear to be under strain, with an increase in working capital requirements, tighter cash flow, and limited self-financing capacity.

Challenges and outlook

The complete report offers an in-depth analysis of recent developments in the sector, highlighting both its structural vulnerabilities and its resilience factors. The latter are based in particular on the creation of added value in the offering and the adaptability of the best-capitalized companies. This work serves as a decision-making tool to better understand current economic challenges and anticipate the medium-term outlook for the profession.