Forecast: Tails Fresh Norway Lobster Production in Capture Fisheries for Human Consumption in the UK

As of 2023, the production of Tails Fresh Norway Lobster in the UK for human consumption stood at 2.32 thousand metric tons. The forecasted data from 2024 to 2028 projects a gradual decline in production values, with a decrease from 2.31 thousand metric tons in 2024 to 2.22 thousand metric tons in 2028. The year-on-year analysis shows a consistent reduction of approximately 0.87% annually. Over a five-year period, the compound annual growth rate (CAGR) indicates a decline in production value of about 0.86%.

Future trends to watch for:

  • Impact of regulatory changes in capture fisheries, which may further influence production levels.
  • Market demand shifts potentially driven by consumer preference changes or economic conditions.
  • Environmental factors affecting lobster populations and harvesting efficiency.

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