The forecast for fresh Norway lobster production in capture fisheries for human consumption in Germany indicates modest growth, increasing from 407.72 thousand euros in 2024 to 408.83 thousand euros in 2028. This marks an average annual increase or CAGR of approximately 0.27% over these five years.
Notably, in 2023, the value stood at 407 thousand euros, suggesting that growth in this sector is relatively stable with minor year-on-year variations observed. The annual percentage increase has been consistent at roughly 0.07% between any two consecutive forecasted years.
Future trends to monitor include potential shifts in market demand, the impact of environmental policies on fisheries, and changes in global trade relations that may influence imports. Additionally, advancements in aquaculture technology could affect traditional capture fisheries, possibly altering these predictions.
