Forecast: Total Lobsters Production in Capture Fisheries in France

In 2023, the total lobsters production in capture fisheries in France stood at approximately 3.05 thousand metric tons. The forecast from 2024 to 2028 indicates a consistent decline, with a compound annual growth rate (CAGR) of -7.74%. Notably, the year-on-year variations reveal a noticeable decrease, with production levels expected to drop annually by approximately 8.19% from 2024 and further in subsequent years.

Future trends to watch for:

  • Environmental and eco-friendly fishing practices impacting production.
  • Regulations regarding fishing quotas and sustainable practices potentially prolonging recovery times.
  • Market demand shifts towards alternative seafood affecting lobsters' capture rates.
  • Technological advancements in fisheries management potentially reversing the declining trend.

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