The import of fresh or chilled lobsters to Germany is forecasted to decrease slightly in value from 2024 to 2028, with figures starting at $11.542 million in 2024 and reaching $11.414 million by 2028. Comparatively, in 2023, the import value stood at approximately $11.6 million. The year-on-year variation reflects a gradual decline, with an average compounding annual decrease of about 0.3% over the five-year period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable seafood, affecting demand.
- Changes in trade regulations and tariffs influencing import costs.
- Global economic conditions impacting consumer purchasing power in Germany.
- Environmental factors, such as climate change, affecting lobster supply and pricing.