In 2023, the production value of alive fresh Norway lobsters in capture fisheries in France stood at X thousand euros per metric ton. The forecasted data for 2024 to 2028 shows a consistent upward trend, with the value rising from 14.92 to 16.4 thousand euros per metric ton. This indicates a steady year-on-year increase, highlighting strengthening demand or potential market improvements for this seafood product. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a notable average annual increase in value.
Future trends to watch for include potential changes in consumer preferences, environmental impacts on capture fisheries, and regulatory shifts that might affect production and pricing. Adaption and resilience strategies by fisheries in response to these external factors will play a crucial role in sustaining this growth trend.
