The forecast for fresh European lobster production in capture fisheries in France indicates a steady growth from 2024 to 2028. The production value is expected to rise from 17.152 million euros in 2024 to 19.177 million euros in 2028. The actual value for 2023 stood at 16.65 million euros, marking the base for the forecasted growth.
Year-on-year variations are observed as follows:
- 2024: 3.02%
- 2025: 3.0%
- 2026: 2.88%
- 2027: 2.76%
- 2028: 2.67%
The compound annual growth rate (CAGR) over the five years is projected at 2.87%.
Future trends to watch include possible impacts of climate change on lobster habitats, regulatory changes in fishing policies, and technological advancements in capture fisheries. Additionally, market demand fluctuations and potential expansion into new markets could influence production values.
