The forecasted figures for the frozen European lobster production in capture fisheries in the UK predict a steady increase in value from 2024 to 2028. In 2023, the actual value was 15.36 thousand euros per metric ton. From 2024's forecasted value of 15.54 thousand euros per metric ton, we see a gradual increase to 16.27 thousand euros per metric ton by 2028.
- Year-on-year variation from 2023 to 2024: 1.17% increase
- Year-on-year variation from 2024 to 2025: 1.16% increase
- Year-on-year variation from 2025 to 2026: 1.21% increase
- Year-on-year variation from 2026 to 2027: 1.13% increase
- Year-on-year variation from 2027 to 2028: 1.12% increase
- The average yearly increase (CAGR) from 2023 to 2028 stands at approximately 1.15%
Future trends to watch for include potential impacts from climate change on lobster habitats, changes in fishing regulations, and market demand fluctuations due to economic shifts or consumer preferences. Technological advancements in capture techniques and supply chain efficiency could also play crucial roles in shaping future production values.
