Forecast: Fresh Lobsters Production in Capture Fisheries in France

The fresh lobsters production in capture fisheries in France experienced fluctuations between 2013 and 2023, peaking at €62.382 million in 2016 and seeing a notable drop in 2018. The production value for 2023 stood at €57.216 million. Recent trends show a slight year-on-year decrease of 2.81% in 2023, with a compound annual growth rate (CAGR) of 4.2% over the last five years. Looking ahead, forecasts indicate a declining trend, with production expected to fall to €50.131 million by 2028, implying a negative CAGR of 2.11% for the next five years.

Future trends to watch for:

  • Impact of climate change on lobster habitats and availability.
  • Changes in consumer preferences and potential shifts towards sustainable seafood options.
  • Regulatory changes in fisheries management and potential quotas affecting catch sizes.
  • Technological advancements in fishing methods and their impact on productivity and sustainability.

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