Forecast: Total Spiny Lobsters Production in Capture Fisheries in France

The forecast for total spiny lobster production in capture fisheries in France shows a consistent year-on-year increase. From 2024 to 2028, production value is expected to grow from 3.2162 million euros to 5.27 million euros. In 2023, the value stood slightly below 3 million euros. The year-on-year growth rates for this period highlight an accelerating trend: 16.2% from 2024 to 2025, 13.8% from 2025 to 2026, 12.0% from 2026 to 2027, and 10.6% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately 13.5%, indicating a robust upward trend.

Future trends to watch for include potential changes in environmental regulations affecting marine capture fisheries, fluctuations in demand driven by consumer preferences or economic conditions, and the impact of technological advancements in sustainable fishing practices. Additionally, climate change may alter lobster habitats, influencing future production volumes and profitability.

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