The projected decline in the value of fresh true lobsters and lobsterettes production in France's capture fisheries is evident, with forecasts showing a decline from €10.95k per metric ton in 2024 to €5.49k in 2028. This indicates a consistent yearly decrease over the forecast period. Given the previous year's value for 2023 was higher, the industry is confronting challenges, contributing to an average annual decrease, as reflected in the compound annual growth rate (CAGR). The year-on-year variation highlights the industry's struggle to maintain value.
Future trends to watch for include potential impacts from climate change on lobster populations, changes in consumer demand, and regulatory shifts which may further influence production values and market stability.
