Report Update Apr 1, 2024

Egypt - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Frozen Norway Lobster Market 2024

Frozen Norway Lobster Market Size in Egypt

After two years of decline, the Egyptian frozen norway lobster market decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a modest increase. Frozen norway lobster consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Frozen Norway Lobster Production in Egypt

In value terms, frozen norway lobster production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Frozen norway lobster production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Frozen Norway Lobster Exports

Exports from Egypt

In 2018, after two years of decline, there was decline in overseas shipments of frozen norway lobsters, when their volume decreased by X% to X kg. Over the period under review, exports enjoyed significant growth. The smallest decline of X% was in 2016. The exports peaked in 2018 and are likely to continue growth in years to come.

In value terms, frozen norway lobster exports totaled $X in 2018. In general, exports enjoyed a significant increase. The smallest decline of X% was in 2016. The exports peaked in 2018 and are expected to retain growth in years to come.

Exports by Country

Italy (X kg) was the main destination for frozen norway lobster exports from Egypt, with a approx. X% share of total exports.

From 2015 to 2018, the average annual growth rate of volume to Italy was relatively modest.

From 2015 to 2018, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

In 2018, the average frozen norway lobster export price amounted to $X per ton, remaining stable against the previous year. In general, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2016 a decrease of X%. The export price peaked in 2018 and is expected to retain growth in the near future.

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

From 2015 to 2018, the rate of growth in terms of prices for Italy amounted to X% per year.

Frozen Norway Lobster Imports

Imports into Egypt

Frozen norway lobster imports into Egypt surged to X tons in 2019, increasing by X% against the year before. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen norway lobster imports skyrocketed to $X in 2019. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Italy (X kg) and the Netherlands (X kg) were the main suppliers of frozen norway lobster imports to Egypt.

From 2016 to 2019, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), the Netherlands ($X) and Belgium ($X) were the largest frozen norway lobster suppliers to Egypt.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average frozen norway lobster import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2016 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen norway lobsters in the world?

Italy remains the largest frozen norway lobster consuming country worldwide, comprising approx. 49% of total volume. Moreover, frozen norway lobster consumption in Italy exceeded the figures recorded by the second-largest consumer, Spain, fourfold. France ranked third in terms of total consumption with a 12% share.

What are the largest producers of frozen norway lobsters in the world?

The countries with the highest volumes of production in 2022 were the UK, Ireland and Denmark, together comprising 77% of global production. The Netherlands and Vietnam lagged somewhat behind, together comprising a further 18%.

What are the leading suppliers of frozen norway lobsters to Egypt?

In value terms, Italy, the Netherlands and Belgium constituted the largest frozen norway lobster suppliers to Egypt.

What is the average export price for frozen norway lobsters in Egypt?

The average frozen norway lobster export price stood at $11,824 per ton in 2018, therefore, remained relatively stable against the previous year.

What is the average import price for frozen norway lobsters in Egypt?

In 2019, the average frozen norway lobster import price amounted to $17,937 per ton, growing by 6% against the previous year.

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

Egypt

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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