Forecast: Fresh Spiny Lobster Production in Capture Fisheries in France

In 2023, France's fresh spiny lobster production in capture fisheries was valued at 48.85 Thousand Euros per Metric Ton. The forecast for 2024 is a 2.15% increase, rising to 49.9. This upward trend is expected to continue with annual percentage growth values of approximately 2.14% from 2024 to 2028. Cumulative annual growth rate (CAGR) over the forecast five years is around 2.15% annually, indicating steady market uptick.

Future trends to watch for include:

  • Regulatory changes affecting fisheries and sustainability practices.
  • Impact of global economic factors such as exchange rates and demand fluctuations.
  • Technological advancements in fishing and aquaculture practices.

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