In 2023, Portugal led European lobster production in value at approximately 32.92 thousand euros per metric ton, with a significant year-on-year increase of 9.59%. Spain and Italy followed, showing growth rates of 5.49% and 3.92%, respectively. Germany noted the highest growth rate at 25.77%, despite having a moderate production value. Most countries displayed steady but modest growth, with Croatia experiencing a slight decline. The UK and Denmark were at the lower end of the spectrum.
Looking ahead, the focus will be on maintaining sustainable practices amidst increasing demand. Growth prospects lie in technological advancements and expanding markets, while climate change may impact production variability, necessitating adaptive strategies.
Top countries in Total Lobsters Production in Capture Fisheries by Country
| # | 10 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 32,920 | 2023 | +1.66% | +9.59% | View data |
| 2 | 2 Malta | 30,360 | 2022 | +6.6% | View data | |
| 3 | 3 Spain | 28,610 | 2023 | -1.18% | +5.49% | View data |
| 4 | 4 Italy | 27,510 | 2023 | +0.98% | +3.92% | View data |
| 5 | 5 Cyprus | 23,460 | 2023 | -8.31% | +1.27% | View data |
| 6 | 6 Germany | 19,310 | 2023 | +5.42% | +25.77% | View data |
| 7 | 7 Greece | 18,730 | 2023 | +0.71% | +1.86% | View data |
| 8 | 8 France | 16,980 | 2023 | -2.66% | +2.26% | View data |
| 9 | 9 Norway | 16,240 | 2023 | +0.74% | +1.84% | View data |
| 10 | 10 Croatia | 15,470 | 2023 | -13.88% | -0.035% | View data |
