The production value of Whole Fresh Spiny Lobsters in France, captured from fisheries, stood at 22.48 thousand euros per metric ton in 2023. From 2016 to 2023, the trend showed volatility with significant drops, notably in 2017, and recovery periods, such as 2018. Between 2021 to 2023, there was a minor upward trend with consistent growth, culminating in a 1.73% increase in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was 0.77%.
Looking ahead to 2028, the five-year forecast anticipates a steady growth pattern with a CAGR of 1.11%, equating to a 5.67% overall growth. This suggests a stable market environment and demand.
Future trends to watch for include shifts in consumer preferences, global market dynamics affecting seafood trade, and potential impacts of regulatory changes on fisheries. Monitoring these can aid in anticipating shifts that could influence production values.
