The forecast for France's production of fresh true lobsters and lobsterettes from capture fisheries shows a consistent decline in value from 2024 to 2028. In 2024, it starts at 10.95, decreasing yearly to reach 5.49 by 2028. Compared to 2023 where the value stood higher, the anticipated yearly decline averages a compound annual growth rate (CAGR) reflective of a decreasing trend. This persistent downturn highlights potential challenges in sustainability, pricing pressure, or market demand dynamics.
Future trends to watch for include environmental regulations impacting fisheries practices, shifts in consumer preference towards sustainable seafood, and competitive pressures from aquaculture advancements. Additionally, monitoring external economic factors and their impact on seafood pricing is crucial.
