The production of fresh lobsters in Germany’s capture fisheries for human consumption has shown significant variability over the past decade, climaxing in 2016 with a value of €7.52 thousand per metric ton. The most recent actual data from 2023 indicates a value of €6.72 thousand per metric ton, a slight decline from the high in 2022. The year-on-year variation for 2023 is –11.59%, showing a downward correction after a peak. The last five years, from 2019 to 2023, exhibit an average annual growth rate (CAGR) of 1.66%, indicating relatively modest growth overall. Forecasts for 2024 through 2028 suggest a stable upwards trajectory with the average annual growth rate projected at 2.68%. The value is expected to reach €7.95 thousand per metric ton by 2028.
Future trends to watch for include potential market shifts due to changing consumer preferences, environmental policies affecting fisheries, and economic impacts from global trade dynamics. Advances in sustainable fishing practices and aquaculture technology could also play pivotal roles in shaping the market landscape.
