In 2023, the fresh Norway lobster production in capture fisheries in France was valued at €31.09 million. Between 2024 and 2028, projections indicate a consistent decline in production value, decreasing from €29.705 million to €24.522 million. The year-on-year decline averages around 4.1%. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately -3.68%, reflecting a steady downward trend.
Future trends to watch for include:
- Potential impacts of environmental changes on lobster habitats.
- Market demand fluctuations that could affect pricing and value.
- Regulatory changes affecting fishing quotas and sustainability measures.
