Forecast: Total Lobsters Production in Capture Fisheries in France

The forecast for lobster production value in capture fisheries in France from 2024 to 2028 indicates a steady increase. The forecasted value for lobsters in 2024 is 17.58 thousand euros per metric ton, growing to 19.91 by 2028. Compared to 2023, there's no pre-forecast historical data, but starting from 2024, there's an annual increase, showing a year-on-year growth rate of around 3%. The Compound Annual Growth Rate (CAGR) over five years reveals an approximate yearly growth of 3.17%.

Future trends to watch for include:

  • Potential impacts of climate change on lobster habitats, affecting supply.
  • Shifting consumer preferences towards sustainable seafood, influencing demand.
  • Regulatory changes in EU fisheries management that could impact production costs and quotas.

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