In 2023, the total spiny lobster production in capture fisheries for human consumption in France stood at 47.1 thousand euros per metric ton. The forecasted data from 2024 to 2028 indicates a consistent yearly increase in value. Specifically, from 2024 to 2028, the value is set to rise from 47.9 to 51.16 thousand euros per metric ton. This reflects a year-on-year growth rate of approximately 1.7% to 1.8%, with a five-year compound annual growth rate (CAGR) of about 1.6%.
Future trends to watch for include market dynamics that could affect demand and pricing, such as changes in consumer preferences, government regulations on fisheries, and environmental factors impacting lobster habitats. Sustainability practices and technological advancements in fishing methods may also influence future growth.
