Forecast: Whole Fresh Lobsters Production in Capture Fisheries in France

The whole fresh lobster production in capture fisheries in France exhibited fluctuations between 2013 and 2023. From 2013 to 2016, there was significant variability with notable year-on-year percentage changes, such as a 21.87% decline in 2013 and a 20.5% increase in 2016. The period from 2017 to 2023 saw a general upward trend, with notable growth observed in 2017 (21.18%) and 2022 (27.43%). In 2023, the value stood at 15.962 million Euros, showing a small decline of 3.29% from 2022.

Future trends to watch for include a projected decline in the overall production value over the next five years, with a Compound Annual Growth Rate (CAGR) forecasted at -2.75% and an overall reduction of 13% by 2028. Stakeholders should monitor economic conditions, regulatory changes, and environmental factors that could impact production levels.

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