The forecast for fresh European lobster production in Germany's capture fisheries shows a gradual upward trend from 2024 to 2028. In 2023, the production stood at 0.55 metric tons. Based on the forecasted data, an increase is observed with an annual production growth, reaching 0.63 metric tons by 2028. The year-on-year growth indicates a steady rise, with production expected to grow by approximately 2.6% in 2025, 3.4% in 2026, 1.7% in 2027, and 3.3% in 2028. The compound annual growth rate (CAGR) for this five-year period is projected to be around 3.1%.
Future trends to watch for include:
- Potential impacts of climate change on European lobster habitats.
- The effects of European Union fishing policies on sustainable lobster fisheries.
- Market demand fluctuations for fresh lobster within and outside Germany.
- Innovations in capture fishery technologies enhancing yield measures.
