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

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

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Frozen Norway Lobster Price in Croatia - 2023

Contents:

  1. Frozen Norway Lobster Price in Croatia (CIF) - 2023
  2. Frozen Norway Lobster Price in Croatia (FOB) - 2022
  3. Frozen Norway Lobster Imports in Croatia
  4. Frozen Norway Lobster Exports in Croatia

Frozen Norway Lobster Price in Croatia (CIF) - 2023

In July 2023, the average frozen norway lobster import price amounted to $12,906 per ton, with a decrease of -4.9% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in June 2023 an increase of 15% m-o-m. As a result, import price attained the peak level of $13,578 per ton, and then declined in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($16,077 per ton), while the price for the Netherlands ($10,401 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Norway Lobster Price in Croatia (FOB) - 2022

The average frozen norway lobster export price stood at $15,456 per ton in 2022, with an increase of 8.3% against the previous year. Over the period under review, the export price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2013 an increase of 52% against the previous year. As a result, the export price attained the peak level of $29,445 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($24,527 per ton), while the average price for exports to Serbia ($11,004 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 Bosnia and Herzegovina (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Norway Lobster Imports in Croatia

Frozen norway lobster imports into Croatia stood at 602 tons in 2022, surging by 12% against 2021 figures. Overall, imports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, frozen norway lobster imports soared to $6.4M in 2022. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Frozen Norway Lobster in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark5052701,5061,84654.0%
Netherlands6563345911,38428.3%
FranceN/AN/A1,2711,2871.3%
Italy5192891,0441,11929.2%
Slovenia3111011884099.6%
Spain36.925.516815762.0%
United Kingdom3,3211,40647.991.2-69.8%
Others11625.146.5101-4.5%
Total5,4652,4514,8636,3945.4%

Top Suppliers of Frozen Norway Lobster to Croatia in 2022:

  1. Denmark (152.5 tons)
  2. Netherlands (141.9 tons)
  3. France (133.1 tons)
  4. Italy (103.6 tons)
  5. Slovenia (38.1 tons)
  6. Spain (16.0 tons)
  7. United Kingdom (8.4 tons)

Frozen Norway Lobster Exports in Croatia

In 2022, exports of frozen norway lobsters from Croatia declined sharply to 22 tons, reducing by -17.7% against the previous year's figure. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.

In value terms, frozen norway lobster exports declined to $335K in 2022. In general, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 2.6% against the previous year.

Export of Frozen Norway Lobster in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia63.436.810799.516.2%
Slovenia33817612695.3-34.4%
Austria33.013.921.241.07.5%
Italy21310293.940.9-42.3%
Bosnia and Herzegovina3.01.02.319.486.3%
Serbia40.417.222.718.6-22.8%
Montenegro25.90.61.518.3-10.9%
Czech Republic12.717.5N/AN/A37.8%
Others4.01.61.82.2-18.1%
Total733366376335-23.0%

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

  1. Slovakia (7.8 tons)
  2. Slovenia (6.2 tons)
  3. Italy (1.7 tons)
  4. Serbia (1.7 tons)
  5. Austria (1.7 tons)
  6. Bosnia and Herzegovina (1.4 tons)
  7. Montenegro (1.0 tons)

Source: IndexBox Market Intelligence Platform

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

    • Croatia

    Data coverage:

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