Benelux: Frozen Norway Lobster Market 2024

Frozen Norway Lobster Market Size in Benelux

The Benelux frozen norway lobster market reduced remarkably to $X in 2022, waning by X% against the previous year. In general, consumption, however, posted a prominent expansion. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Frozen Norway Lobster Production in Benelux

In value terms, frozen norway lobster production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Frozen Norway Lobster Exports

Exports in Benelux

In 2022, the amount of frozen norway lobsters exported in Benelux contracted to X tons, reducing by X% against the previous year's figure. Total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen norway lobster exports reduced to $X in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

The shipments of the one major exporters of frozen norway lobsters, namely the Netherlands, represented more than two-thirds of total export.

The Netherlands was also the fastest-growing in terms of the frozen norway lobsters exports, with a CAGR of X% from 2012 to 2022. While the share of the Netherlands (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) also remains the largest frozen norway lobster supplier in Benelux.

In the Netherlands, frozen norway lobster exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Frozen Norway Lobster Imports

Imports in Benelux

In 2022, the amount of frozen norway lobsters imported in Benelux dropped significantly to X tons, which is down by X% on 2021 figures. Over the period under review, imports saw a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, frozen norway lobster imports reduced rapidly to $X in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the major importer of frozen norway lobsters, comprising X% of total imports. It was distantly followed by Belgium (X tons), achieving a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen norway lobster imports into the Netherlands stood at X%. Belgium experienced a relatively flat trend pattern. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported frozen norway lobsters in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, frozen norway lobster imports plunged by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, dropping by X% against the previous year. Overall, the import price saw a perceptible curtailment. The growth pace was the most rapid in 2020 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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