Key Market Indicators
German imports of lobster are expected to drop 2.5% year-on-year from 499,320 kilograms in 2021 to 431,630 kilograms in 2026. Since 1996, German demand has decreased 3.7% year-on-year. In 2021, Malaysia was the highest importer with 499,320 kilograms, followed by China, South Korea and Italy. At the same time, German exports of lobster are set to increase 2.7% year-on-year from 302,310 kilograms in 2021 to 355,880 kilograms in 2026. Since 1996, German supply has grown 2.8% year-on-year. In 2021, Ireland was the largest exporter with 302,310 kilograms, followed by the United States, the United Kingdom and the Philippines.