In 2024, Germany's forecast for tails fresh Norway lobster production in capture fisheries is projected to be 7.08 metric tons, rising steadily to 7.45 metric tons by 2028. The expected year-on-year increase from 2024 to 2025 is approximately 1.83%, and from 2025 to 2026, it is 1.39%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is about 1.28%, indicating a gradual upward trend in production. As of 2023, the production level was 7.00 metric tons.
Future trends to watch for:
- Impact of climate change on marine ecosystems affecting lobster availability.
- Technological advancements in sustainable fishing practices.
- Potential shifts in consumer demand for sustainable seafood options.
