Luxembourg - Frozen Lobster - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Lobster Price in Luxembourg - 2023
Contents:
- Frozen Lobster Price in Luxembourg (CIF) - 2022
- Frozen Lobster Price in Luxembourg (FOB) - 2022
- Frozen Lobster Imports in Luxembourg
- Frozen Lobster Exports in Luxembourg
Frozen Lobster Price in Luxembourg (CIF) - 2022
The average frozen lobster import price stood at $29,887 per ton in 2022, almost unchanged from the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lobster import price increased by +96.6% against 2013 indices. The pace of growth appeared the most rapid in 2015 an increase of 16%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($32,637 per ton), while the price for Belgium ($24,805 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Lobster Price in Luxembourg (FOB) - 2022
The average frozen lobster export price stood at $26,581 per ton in 2022, shrinking by -28.6% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lobster export price decreased by -47.7% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 62%. Over the period under review, the average export prices reached the maximum at $50,862 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($29,023 per ton) and Azerbaijan ($28,679 per ton), while the average price for exports to Belgium ($24,268 per ton) and Germany ($27,923 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Lobster Imports in Luxembourg
In 2022, after three years of growth, there was significant decline in purchases abroad of frozen lobster, when their volume decreased by -15.7% to 19 tons. In general, imports recorded a mild decrease. The pace of growth was the most pronounced in 2021 when imports increased by 8.9%. As a result, imports reached the peak of 22 tons, and then fell markedly in the following year.
In value terms, frozen lobster imports dropped sharply to $560K in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $661K, and then dropped rapidly in the following year.
| Import of Frozen Lobster in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 238 | 326 | 350 | 310 | 9.2% |
| France | 145 | 146 | 181 | 134 | -2.6% |
| Belgium | 63.1 | 75.1 | 108 | 99.0 | 16.2% |
| Netherlands | 15.3 | 2.6 | 1.9 | 1.4 | -54.9% |
| Others | 24.5 | 7.7 | 20.0 | 15.0 | -15.1% |
| Total | 486 | 558 | 661 | 560 | 4.8% |
Top Suppliers of Frozen Lobster to Luxembourg in 2022:
- Canada (9.5 tons)
- France (4.8 tons)
- Belgium (4.0 tons)
- Netherlands (0.1 tons)
Frozen Lobster Exports in Luxembourg
In 2022, approx. 1.6 tons of frozen lobster were exported from Luxembourg; which is down by -26.6% compared with the year before. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 1.9%.
In value terms, frozen lobster exports dropped sharply to $42K in 2022. In general, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 24%. As a result, the exports attained the peak of $108K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Frozen Lobster in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 25.6 | 45.7 | 37.0 | 17.9 | -11.2% |
| France | 14.5 | 10.9 | 18.2 | 10.2 | -11.1% |
| Germany | 14.5 | 8.8 | 16.4 | 8.0 | -18.0% |
| Azerbaijan | 2.8 | 2.7 | 2.8 | 6.3 | 31.0% |
| Nigeria | 11.9 | 3.5 | N/A | N/A | -70.6% |
| Niger | 17.3 | 36.7 | 6.5 | N/A | -38.7% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 87.5 | 108 | 80.9 | 42.3 | -21.5% |
Top Export Markets for Frozen Lobster from Luxembourg in 2022:
- Belgium (736.0 kg)
- France (352.0 kg)
- Germany (287.0 kg)
- Azerbaijan (218.0 kg)
This report provides an in-depth analysis of the frozen lobster market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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