Forecast: Import of Frozen Lobsters to Germany

The import of frozen lobsters to Germany demonstrated variability from 2013 to 2023. In 2023, the imports stood at 10.417 million USD. Actual values fluctuated, with notable increases in 2015 and 2017, but there was a significant drop in 2018. Since 2022, the market has shown moderate yet consistent growth. Year-on-year variations indicate market responsiveness to diverse factors, showing some volatility but a general trend towards growth. The five-year CAGR until 2023 was 2.5%, reflecting steady development.

Future trends to watch for include potential market expansions, consumer preferences shifts, and global trade policies affecting import dynamics. The forecasted CAGR of 0.86% from 2023 to 2028 suggests a stable yet modest upward trend in lobster imports to Germany.

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