The import of frozen lobsters to France stood at 32.576 Million USD in 2024. Analyzing the forecast data, there is a consistent year-on-year growth in the import value, showing an upward trend: 1.93% in 2025, 1.85% in 2026, 1.79% in 2027, and 1.72% in 2028. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 1.82%, indicating steady growth over the five-year forecast period.
Future Trends to Watch For:
Future trends to watch include potential shifts in global supply chains affecting tariffs and trade agreements, changes in consumer preferences towards premium seafood, and environmental regulations impacting lobster fisheries. Additionally, economic factors such as currency fluctuations and inflation rates may influence the import costs and consumption patterns in France.