The fresh lobster production in capture fisheries in Denmark saw fluctuations from 2013 to 2023. Despite some volatile years, the sector’s trend leaned positive. In 2023, production was valued at 40.819 million Euros.
Year-on-year variations show significant shifts:
- 2016 saw a peak increase of 49.06% from 2015.
- Notable drops occurred in 2020 (-32.72%) and 2023 (-8.12%) due to post-pandemic adjustments and market fluctuations.
From 2018 to 2023, the 5-year Compound Annual Growth Rate (CAGR) was moderate at 2.26% indicating steady growth despite individual year variances.
Future trends to watch for:
- The projection to 2028 shows a positive trend with a 5-year CAGR of 2.59%, suggesting a stable growth trajectory. Expected improvements in fisheries management and technology could further boost production efficiency and sustainability.
