Forecast: Total True Lobsters, Lobsterettes Production in Capture Fisheries for Human Consumption in France

The data indicates a decreasing trend in the value of True Lobsters and Lobsterettes production in capture fisheries for human consumption in France from 2024 to 2028. The value decreases steadily from 10.95 thousand euros per metric ton in 2024 to 5.49 thousand euros per metric ton in 2028. Comparatively, the year-on-year decline from 2024 to 2025 is approximately -12.61%, 2025 to 2026 is -14.44%, 2026 to 2027 is -16.50%, and 2027 to 2028 is -19.74%. The compound annual growth rate (CAGR) over the forecasted period is negative, indicating a consistent decline.

Future trends to watch for:

  • Potential external factors affecting supply, such as environmental changes and fishing regulations, could impact production levels.
  • Monitoring shifts in consumer demand and market preferences that might alter the profitability and viability of lobster and lobsterette production.
  • Technological advancements in fishing practices that may influence production efficiency and costs.

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