In 2023, France's Spiny Lobsters production in capture fisheries for human consumption stood at a historically-recorded value, setting a baseline for subsequent forecasts. In 2024, the projected value is €22.87 thousand per metric ton. From 2024 to 2028, there is a consistent year-on-year growth with values increasing to €24.22 by 2028. This represents a notable compound annual growth rate (CAGR) indicating a stable upward trend, reflecting flourishing consumer demand and effective fisheries management.
Future trends to watch include potential impacts of climate change on spiny lobster habitats, regulatory changes affecting capture limits, and shifts in consumer preferences towards sustainable seafood which might drive further demand and influence prices.
