The forecast for Tails Fresh Lobsters Production in Capture Fisheries for Human Consumption in France shows a steady increase in value from 2024 to 2028, with prices rising from 21.18 to 24.60 thousand Euros per metric ton. In 2023, the actual value stood slightly lower than the 2024 forecast, highlighting a consistent upward trend. Year-on-year, the projected increase is roughly 4% from 2024 to 2028. Over these five years, the compound annual growth rate (CAGR) is estimated at 3.8%, indicating a robust positive trend in lobster valuations.
Future trends to watch for:
- Potential impacts of climate change on lobster populations and capture efficiency.
- Shifts in consumer preferences towards sustainable seafood sourcing.
- Economic factors affecting disposable income and luxury food item purchases.
- Regulatory changes in fishing quotas and international trade agreements.
