Forecast: Total Norway Lobster Production in Capture Fisheries in Germany

The forecast for Norway lobster production in Germany's capture fisheries shows a steady year-on-year increase from 2024 to 2028, starting at 122.27 metric tons and rising to 139.21 metric tons. As of 2023, actual production figures are unavailable, but projected data indicates an annual growth rate. Yearly increments are approximately 3.51% from 2024 to 2025, 3.37% from 2025 to 2026, 3.22% from 2026 to 2027, and 3.09% from 2027 to 2028. The cumulative average growth rate (CAGR) over this five-year period is consistent, revealing sustained development in lobster yields.

Future trends to watch for include:

  • Regulatory impacts on capture fisheries affecting production capacity.
  • Sustainability initiatives influencing fisheries management and quotas.
  • Climate change and its impact on marine biodiversity and lobster habitats.

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