In 2023, the production of whole fresh lobsters in Germany’s capture fisheries stood at 123 metric tons. The forecasted data for 2024 shows an increase to 127.9 metric tons, translating to a year-on-year growth of 4%. This upward trend is expected to continue, with production reaching 132.44 metric tons in 2025 (3.5% increase), 136.94 metric tons in 2026 (3.4% increase), 141.4 metric tons in 2027 (3.3% increase), and 145.81 metric tons in 2028 (3.1% increase). Over the last five years, this results in a Compound Annual Growth Rate (CAGR) of approximately 3.26%.
Future trends to watch for include:
• Environmental regulations affecting the capture fisheries industry.
• Changes in consumer demand for sustainable seafood.
• Potential impact of climate change on lobster populations and habitats.
• Technological advancements in fisheries management and sustainability practices.