Forecast: Export of Fresh or Chilled Lobsters from Spain

The export of fresh or chilled lobsters from Spain is projected to decline from 2024 to 2028, decreasing from 74.07 thousand kilograms in 2024 to 66.26 thousand kilograms in 2028. This represents a consistent year-on-year decline, with values dropping approximately 2.72% from 2024 to 2025, 2.74% from 2025 to 2026, 2.75% from 2026 to 2027, and 2.79% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is approximately -2.75%, indicating a steady decrease in export volumes.

Future trends to watch for include potential changes in global demand for lobster, fluctuations in seafood prices, and shifts in Spain's trade policies. Environmental factors such as climate change and sustainability measures may also impact the availability and quality of lobsters, further influencing export volumes. Observing these trends will be crucial for making strategic adjustments to maintain market competitiveness.

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