The forecast for whole fresh European lobster production in France's capture fisheries suggests a moderate growth trend from 2024 to 2028. Starting at 8.1926 million Euros in 2024, the value gradually increases to 8.4695 million Euros by 2028. Compared to 2023, the year-on-year growth in 2024 is a positive indicator, continuing at an average pace as reflected by the compound annual growth rate over this five-year period.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems affecting lobster populations.
- Economic factors such as demand fluctuations and price elasticity in European markets.
- Regulatory changes in fishing policies that might influence production capabilities.