Belgium - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Norway Lobster Price in Belgium - 2023
Contents:
- Frozen Norway Lobster Price in Belgium (FOB) - 2022
- Frozen Norway Lobster Price in Belgium (CIF) - 2023
- Frozen Norway Lobster Exports in Belgium
- Frozen Norway Lobster Imports in Belgium
Frozen Norway Lobster Price in Belgium (FOB) - 2022
In 2022, the average frozen norway lobster export price amounted to $14,017 per ton, rising by 40% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average export price increased by 53% against the previous year. As a result, the export price reached the peak level of $16,611 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($37,352 per ton), while the average price for exports to Germany ($7,839 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 Spain (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Norway Lobster Price in Belgium (CIF) - 2023
In June 2023, the average frozen norway lobster import price amounted to $15,175 per ton, jumping by 21% against the previous month. Overall, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, frozen norway lobster import price increased by +40.9% against February 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 55% month-to-month. The import price peaked at $15,895 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Denmark ($21,834 per ton), while the price for the Netherlands ($14,483 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Norway Lobster Exports in Belgium
After three years of growth, shipments abroad of frozen norway lobsters decreased by -90% to 49 tons in 2022. Overall, exports showed a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 508% against the previous year. As a result, the exports reached the peak of 491 tons, and then contracted rapidly in the following year.
In value terms, frozen norway lobster exports contracted markedly to $691K in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 457%. As a result, the exports attained the peak of $4.9M, and then contracted markedly in the following year.
| Export of Frozen Norway Lobster in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 207 | 360 | 1,055 | 310 | 14.4% |
| Netherlands | 242 | 325 | 2,747 | 105 | -24.3% |
| Germany | 100 | 59.3 | 316 | 78.8 | -7.6% |
| Spain | 119 | 79.5 | 230 | 61.4 | -19.8% |
| Luxembourg | 10.1 | 13.3 | 105 | 55.4 | 76.4% |
| Poland | 19.4 | 10.8 | 104 | 20.0 | 1.0% |
| French Polynesia | 8.5 | 4.0 | 53.5 | 16.6 | 25.0% |
| Others | 142 | 29.1 | 296 | 43.6 | -32.5% |
| Total | 848 | 881 | 4,906 | 691 | -6.6% |
Top Export Markets for Frozen Norway Lobster from Belgium in 2022:
- France (21.6 tons)
- Germany (10.1 tons)
- Netherlands (7.6 tons)
- Luxembourg (3.7 tons)
- Spain (1.6 tons)
- Poland (1.3 tons)
- French Polynesia (1.1 tons)
Frozen Norway Lobster Imports in Belgium
In 2022, approx. 206 tons of frozen norway lobsters were imported into Belgium; approximately equating the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 208 tons, and then dropped modestly in the following year.
In value terms, frozen norway lobster imports declined to $2.2M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $2.3M, and then reduced in the following year.
| Import of Frozen Norway Lobster in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,127 | 925 | 1,777 | 1,423 | 8.1% |
| France | 360 | 195 | 214 | 374 | 1.3% |
| Denmark | 31.7 | 65.5 | 47.5 | 114 | 53.2% |
| Ireland | 28.8 | 40.9 | 14.3 | 96.4 | 49.6% |
| Spain | 0.3 | 54.0 | 70.7 | 83.0 | 551.6% |
| Luxembourg | 69.0 | 102 | 132 | 44.6 | -13.5% |
| United Kingdom | 21.0 | 221 | 62.6 | N/A | 72.7% |
| Others | 0.3 | N/A | 22.1 | 24.6 | 334.4% |
| Total | 1,638 | 1,603 | 2,340 | 2,160 | 9.7% |
Top Suppliers of Frozen Norway Lobster to Belgium in 2022:
- Netherlands (128.8 tons)
- Ireland (25.0 tons)
- Denmark (17.4 tons)
- France (16.0 tons)
- Spain (11.6 tons)
- Luxembourg (6.6 tons)
This report provides an in-depth analysis of the frozen norway lobster market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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