In 2023, Portugal led European Fresh Norway Lobster production with a value of 32.61 thousand euros per metric ton, followed by Spain and Malta. Notably, Iceland and Malta experienced significant year-on-year growth, with variations of 7.04% and 7.14%, while Croatia and Norway saw slight declines. Over five years, the compound annual growth rate fluctuated, indicating variabilities in national production levels and market conditions. Portugal showed the strongest growth trend, while Germany had minimal gains in value.
Future trends to watch include potential impacts of environmental policies, market demand shifts favoring sustainable practices, and technological advancements in fisheries, influencing production efficiency and economic viability across European nations.
Top countries in Fresh Norway Lobster Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 32,610 | 2023 | +1.43% | +10.55% | View data |
| 2 | 2 Spain | 28,320 | 2023 | +2.67% | +4.82% | View data |
| 3 | 3 Malta | 27,330 | 2023 | +4.97% | +7.14% | View data |
| 4 | 4 Italy | 23,630 | 2023 | -1.55% | +2.92% | View data |
| 5 | 5 Croatia | 14,300 | 2023 | -11.06% | -0.12% | View data |
| 6 | 6 Greece | 13,830 | 2023 | +1.5% | +3% | View data |
| 7 | 7 France | 13,340 | 2023 | -0.65% | +0.49% | View data |
| 8 | 8 Norway | 12,130 | 2023 | +1.32% | -1.1% | View data |
| 9 | 9 Sweden | 10,700 | 2023 | -23.69% | +2.9% | View data |
| 10 | 10 Iceland | 8,630 | 2023 | +5.17% | +7.04% | View data |