Report Update May 1, 2024

Sweden - Frozen Lobster - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sweden: Frozen Lobster Market 2024

Frozen Lobster Market Size in Sweden

In 2022, the Swedish frozen lobster market decreased by -2.6% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption posted a moderate increase. As a result, consumption attained the peak level of $X, and then dropped modestly in the following year.

Frozen Lobster Exports

Exports from Sweden

In 2022, after two years of growth, there was decline in overseas shipments of frozen lobster, when their volume decreased by -1.2% to X tons. In general, exports saw a perceptible decline. The pace of growth was the most pronounced in 2020 when exports increased by 173% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, frozen lobster exports soared to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 337% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Norway (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of frozen lobster exports from Sweden, together comprising 95% of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +8.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Norway ($X) remains the key foreign market for frozen lobster exports from Sweden, comprising 62% of total exports. The second position in the ranking was taken by Denmark ($X), with a 25% share of total exports. It was followed by Finland, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Norway stood at +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+18.4% per year) and Finland (-3.3% per year).

Export Prices by Country

In 2022, the average frozen lobster export price amounted to $X per ton, picking up by 25% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 69% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($X 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 the Netherlands (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Lobster Imports

Imports into Sweden

Frozen lobster imports into Sweden totaled X tons in 2022, stabilizing at the previous year's figure. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.1% against 2018 indices. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen lobster imports reduced to $X in 2022. In general, imports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Canada (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of frozen lobster imports to Sweden, with a combined 97% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +16.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen lobster suppliers to Sweden were Canada ($X), Denmark ($X) and the Netherlands ($X), together comprising 94% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +20.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average frozen lobster import price amounted to $X per ton, dropping by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen lobster in the world?

The countries with the highest volumes of consumption in 2022 were the United States, India and Canada, together accounting for 56% of global consumption. Spain, China, South Korea, France, Japan, Italy and Egypt lagged somewhat behind, together comprising a further 23%.

What are the largest producers of frozen lobster in the world?

Canada remains the largest frozen lobster producing country worldwide, accounting for 66% of total volume. Moreover, frozen lobster production in Canada exceeded the figures recorded by the second-largest producer, India, threefold. Egypt ranked third in terms of total production with a 3.2% share.

What are the leading suppliers of frozen lobster to Sweden?

In value terms, Canada, Denmark and the Netherlands appeared to be the largest frozen lobster suppliers to Sweden, with a combined 94% share of total imports.

What are the leading importers of frozen lobster from Sweden?

In value terms, Norway remains the key foreign market for frozen lobster exports from Sweden, comprising 62% of total exports. The second position in the ranking was taken by Denmark, with a 25% share of total exports. It was followed by Finland, with a 10% share.

What is the average export price for frozen lobster in Sweden?

The average frozen lobster export price stood at $27,928 per ton in 2022, with an increase of 25% against the previous year.

What is the average import price for frozen lobster in Sweden?

The average frozen lobster import price stood at $16,491 per ton in 2022, which is down by -3.8% against the previous year.

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

Sweden

Data coverage:

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