Forecast: Fresh Norway Lobster Production in Capture Fisheries for Human Consumption in France

The forecast for fresh Norway lobster production in capture fisheries for human consumption in France shows a declining trend from 2024 to 2028. In 2023, actual production stood at 2.19 thousand metric tons. The year-on-year decrease starts with a 7.35% drop in 2024, continuing at similar rates, culminating in a forecasted production of 1.44 thousand metric tons by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual decline of approximately 7.99%, suggesting ongoing contraction in production over the longer term.

Future trends to watch for include potential impacts of climate change on marine ecosystems, changes in European Union fisheries policy, and shifts in consumer demand and preferences. Sustainable fishing practices and technology advancements may also influence production and consumption patterns.

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