Norway - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Norway Lobster Price in Norway - 2023
Contents:
- Frozen Norway Lobster Price in Norway (FOB) - 2022
- Frozen Norway Lobster Price in Norway (CIF) - 2022
- Frozen Norway Lobster Exports in Norway
- Frozen Norway Lobster Imports in Norway
Frozen Norway Lobster Price in Norway (FOB) - 2022
The average frozen norway lobster export price stood at $34,861 per ton in 2022, rising by 13% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. Over the period under review, the average export prices reached the peak figure at $36,932 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($40,494 per ton), while the average price for exports to Denmark ($19,429 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 Turkey (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Norway Lobster Price in Norway (CIF) - 2022
In 2022, the average frozen norway lobster import price amounted to $11,820 per ton, dropping by -4.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35% against the previous year. Over the period under review, average import prices hit record highs at $13,329 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($20,165 per ton), while the price for Denmark ($9,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Norway Lobster Exports in Norway
In 2022, exports of frozen norway lobsters from Norway surged to 43 tons, rising by 248% against the previous year. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 518% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, frozen norway lobster exports skyrocketed to $1.5M in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 415% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Frozen Norway Lobster in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 48.8 | N/A | 270 | 1,320 | 200.2% |
| Netherlands | N/A | N/A | 16.3 | 77.6 | 376.1% |
| Turkey | N/A | N/A | 52.6 | 75.4 | 43.3% |
| Denmark | 5.1 | N/A | N/A | 10.9 | 28.8% |
| Sweden | 18.2 | 2.8 | N/A | 3.6 | -41.7% |
| United States | 37.6 | 19.9 | 11.0 | N/A | -45.9% |
| France | 56.7 | 5.1 | 0.3 | N/A | -92.7% |
| Others | 13.8 | 46.4 | 31.8 | 16.3 | 5.7% |
| Total | 180 | 74.1 | 382 | 1,504 | 102.9% |
Top Export Markets for Frozen Norway Lobster from Norway in 2022:
- Spain (37.6 tons)
- Netherlands (2.3 tons)
- Turkey (2.2 tons)
- Denmark (0.6 tons)
- Sweden (0.1 tons)
Frozen Norway Lobster Imports in Norway
In 2022, supplies from abroad of frozen norway lobsters increased by 96% to 55 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt slump.
In value terms, frozen norway lobster imports soared to $644K in 2022. Overall, imports, however, showed a abrupt decrease.
| Import of Frozen Norway Lobster in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 391 | 259 | 178 | 494 | 8.1% |
| Denmark | 370 | 133 | 164 | 106 | -34.1% |
| Canada | N/A | 4.1 | N/A | 33.9 | 187.5% |
| Others | 1.4 | 2.9 | 2.6 | 10.6 | 96.4% |
| Total | 763 | 399 | 345 | 644 | -5.5% |
Top Suppliers of Frozen Norway Lobster to Norway in 2022:
- Netherlands (40.9 tons)
- Denmark (11.2 tons)
- Canada (1.7 tons)
This report provides an in-depth analysis of the frozen norway lobster market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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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