In 2023, the value of whole fresh Norway lobster production for human consumption in France was estimated at 12.35 thousand euros per metric ton. Forecast data indicate a steady increase from 2024 through 2028, ascending from 12.54 to 13.29 thousand euros per metric ton. This represents year-on-year growth rates of approximately 1.5% each year, leading to a cumulative average growth rate (CAGR) of around 1.5% over the five-year period.
Future trends to watch for include:
- Potential impacts of environmental regulations on capture fisheries.
- Changes in consumer preferences towards sustainable seafood sourcing.
- Evolving seafood market dynamics amidst global supply chain developments.