The forecast for France's import of fresh or chilled lobsters shows a steady decline from 2024 to 2028, starting at $61.639 million in 2024 and decreasing gradually each year. Compared to 2023, this indicates a minor downturn in demand or pricing dynamics, as actual figures from previous years are not provided for 2023.
The year-on-year percentage variations are negative for each forecasted period, reflecting a consistent, albeit small, decrease in import value each year. Over the entire forecast period, the compound annual growth rate (CAGR) is negative, showcasing an average decline annually.
Future trends to watch for:
- Changes in consumer preferences and dietary trends, which could affect demand.
- Impact of global economic conditions on luxury seafood imports.
- Potential trade policies and tariffs impacting import costs and volumes.
- Sustainability and environmental concerns influencing sourcing and consumption.
