Luxembourg - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Norway Lobster Price in Luxembourg - 2023
Contents:
- Frozen Norway Lobster Price in Luxembourg (CIF) - 2022
- Frozen Norway Lobster Price in Luxembourg (FOB) - 2022
- Frozen Norway Lobster Imports in Luxembourg
- Frozen Norway Lobster Exports in Luxembourg
Frozen Norway Lobster Price in Luxembourg (CIF) - 2022
In 2022, the average frozen norway lobster import price amounted to $16,082 per ton, rising by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21%. As a result, import price attained the peak level of $16,211 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($69,800 per ton), while the price for Norway ($9,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Norway Lobster Price in Luxembourg (FOB) - 2022
In 2022, the average frozen norway lobster export price amounted to $22,755 per ton, growing by 7.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 27%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($22,874 per ton) and Azerbaijan ($22,727 per ton), while the average price for exports to France ($22,316 per ton) and Germany ($22,713 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 Azerbaijan (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Norway Lobster Imports in Luxembourg
In 2022, the amount of frozen norway lobsters imported into Luxembourg reduced to 4.8 tons, declining by -11.2% compared with the previous year. Overall, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 5.5 tons, and then contracted in the following year.
In value terms, frozen norway lobster imports contracted slightly to $78K in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $80K, and then shrank slightly in the following year.
| Import of Frozen Norway Lobster in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 33.7 | 35.7 | 46.4 | 56.9 | 19.1% |
| France | 13.6 | 14.3 | 25.0 | 9.7 | -10.7% |
| Belgium | 15.8 | 1.1 | 1.9 | 6.8 | -24.5% |
| United Kingdom | 5.7 | 4.0 | 2.3 | 1.1 | -42.2% |
| Norway | 0.7 | 1.0 | 0.8 | 0.9 | 8.7% |
| Others | 4.9 | 4.4 | 3.7 | 2.5 | -20.1% |
| Total | 74.4 | 60.5 | 80.1 | 77.9 | 1.5% |
Top Suppliers of Frozen Norway Lobster to Luxembourg in 2022:
- Netherlands (3927.0 kg)
- Belgium (366.0 kg)
- France (357.0 kg)
- Norway (100.0 kg)
- United Kingdom (54.0 kg)
Frozen Norway Lobster Exports in Luxembourg
After three years of growth, overseas shipments of frozen norway lobsters decreased by -0.3% to 1 tons in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 106%.
In value terms, frozen norway lobster exports expanded rapidly to $23K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 119%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Frozen Norway Lobster in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.4 | 5.5 | 17.8 | 15.7 | 87.0% |
| France | 1.5 | 3.1 | 1.9 | 3.8 | 36.3% |
| Germany | 0.5 | 1.4 | 1.4 | 3.1 | 83.7% |
| Azerbaijan | 0.1 | 0.1 | 0.6 | 0.8 | 100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 10.0 | 21.8 | 23.4 | 72.0% |
Top Export Markets for Frozen Norway Lobster from Luxembourg in 2022:
- Belgium (688.0 kg)
- France (171.0 kg)
- Germany (136.0 kg)
- Azerbaijan (33.0 kg)
This report provides an in-depth analysis of the frozen norway 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
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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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