Forecast: Alive Fresh King Crabs, Squat-lobsters Production in Capture Fisheries in France

In 2023, the price of alive fresh king crabs and squat-lobsters per metric ton in France stood at a benchmark prior to significant growth reflected in the forecast from 2024 to 2028. Over this period, the value is projected to increase steadily each year, starting at €6.95 thousand per metric ton in 2024 and reaching €8.00 thousand in 2028.

Year-on-year percentage variations reflect a modest but consistent growth trajectory, indicating a stable increase in value annually. The Compound Annual Growth Rate (CAGR) suggests a positive trend over the five-year forecast period. This indicates a significant opportunity for stakeholders benefiting from this increasing price trend.

Future trends to watch for:

  • Potential market disruptors like regulatory changes or shifts in consumer demand that could impact price stability.
  • Sustainability initiatives and their impact on production practices in the capture fisheries industry.
  • Technological advancements that may improve supply chain efficiency or alter production costs.

Top Countries about Lobster