In 2023, the fresh European lobster production in Belgian capture fisheries stood at a value of 41.96 thousand euros. The forecasted data for the next five years shows a steady increase in value: 43.56 thousand euros in 2024, 45.15 thousand euros in 2025, 46.71 thousand euros in 2026, 48.26 thousand euros in 2027, and 49.8 thousand euros in 2028. The year-on-year variation for 2024 is an increase of 3.8%, for 2025 it is 3.6%, for 2026 it is 3.5%, for 2027 it is 3.3%, and for 2028 it is 3.2%. The compound annual growth rate (CAGR) over the last five years stands at 3.5%.

Future trends to watch for include:

Potential impact of climate change on lobster populations and thus on production volumes.
Changes in EU fisheries regulations that might affect capture methods and quotas.
Shifts in consumer preferences towards sustainable seafood, influencing market demand.
Technological advancements in capture techniques and their effect on efficiency.