Forecast: Fresh European Lobster Production in Capture Fisheries in the UK

The fresh European lobster production in UK's capture fisheries is forecasted to experience modest growth from 3.53 thousand metric tons in 2024 to 3.76 thousand metric tons by 2028. Compared to 2023 levels, this indicates a slight upward trend. The year-on-year growth rate varies slightly, with an average Compound Annual Growth Rate (CAGR) of approximately 1.57% over the forecasted period.

Future trends to watch for include:

  • Impact of changing environmental regulations on fisheries.
  • Potential shifts in consumer demand and preferences within Europe.
  • Technological advancements in fishing practices to increase yield and sustainability.
  • Brexit implications on the trade and tariff conditions affecting lobster exports.

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