Austria - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Austria - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights

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Frozen Norway Lobster Price in Austria - 2023

Contents:

  1. Frozen Norway Lobster Price in Austria (CIF) - 2022
  2. Frozen Norway Lobster Price in Austria (FOB) - 2022
  3. Frozen Norway Lobster Imports in Austria
  4. Frozen Norway Lobster Exports in Austria

Frozen Norway Lobster Price in Austria (CIF) - 2022

The average frozen norway lobster import price stood at $21,869 per ton in 2022, picking up by 11% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen norway lobster import price increased by +31.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 19%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($40,772 per ton), while the price for Hungary ($8,432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Norway Lobster Price in Austria (FOB) - 2022

The average frozen norway lobster export price stood at $15,898 per ton in 2022, shrinking by -20.9% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen norway lobster export price increased by +38.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $20,103 per ton, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($49,448 per ton), while the average price for exports to Slovakia ($8,933 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+20.0%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Norway Lobster Imports in Austria

In 2022, frozen norway lobster imports into Austria surged to 29 tons, increasing by 31% against the previous year's figure. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, frozen norway lobster imports surged to $632K in 2022. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 104% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Frozen Norway Lobster in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14928.565.41939.0%
France12.61.80.1157131.8%
Italy16.115.921.710687.4%
Denmark96.527.110547.8-20.9%
Netherlands13412816036.3-35.3%
PortugalN/AN/AN/A35.10%
HungaryN/AN/AN/A22.90%
Norway22.04.35.4N/A-50.5%
Others9.28.479.734.755.7%
Total43921443763212.9%

Top Suppliers of Frozen Norway Lobster to Austria in 2022:

  1. Germany (8.5 tons)
  2. France (5.5 tons)
  3. Italy (5.0 tons)
  4. Netherlands (3.3 tons)
  5. Hungary (2.7 tons)
  6. Denmark (2.1 tons)
  7. Portugal (0.9 tons)

Frozen Norway Lobster Exports in Austria

In 2022, the amount of frozen norway lobsters exported from Austria reduced dramatically to 1.3 tons, falling by -61.8% against the year before. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 279% against the previous year. As a result, the exports attained the peak of 3.4 tons, and then dropped rapidly in the following year.

In value terms, frozen norway lobster exports reduced dramatically to $20K in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 511%. As a result, the exports reached the peak of $68K, and then contracted significantly in the following year.

Export of Frozen Norway Lobster in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.23.246.111.339.1%
SloveniaN/A2.113.45.257.4%
Slovakia5.25.76.03.9-9.1%
Others1.20.12.0N/A29.1%
Total10.611.167.620.424.4%

Top Export Markets for Frozen Norway Lobster from Austria in 2022:

  1. Germany (742.0 kg)
  2. Slovakia (436.0 kg)
  3. Slovenia (105.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen norway lobster market in Austria. 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:

    • Austria

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Austria
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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    Free Data: Frozen Norway Lobsters - Austria