The United Kingdom leads European Norway lobster production with a 47.24% market share, followed by Denmark and France. Noticeable increases in production share from 2023 include the UK (6.07%), Denmark (2.9%), Netherlands (11.51%), Norway (9.61%), and Greece (13.25%). In contrast, Italy experienced a significant decline of 18.62%. The CAGR over the past five years highlights gradual changes and adaptations within the industry.
Future trends to watch include potential shifts in market share due to sustainable harvesting practices, environmental regulations, and technological advancements in capture fisheries. Monitoring these factors will be crucial for understanding the competitive landscape in the forthcoming years.
Top countries in Total Norway Lobster Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 47.24 | 2023 | +0.47% | +6.07% | View data |
| 2 | 2 Denmark | 16.38 | 2023 | -8.73% | +2.9% | View data |
| 3 | 3 France | 12.12 | 2023 | -4.36% | +0.68% | View data |
| 4 | 4 Sweden | 5.34 | 2023 | -8.85% | +0.52% | View data |
| 5 | 5 Italy | 5.11 | 2023 | -10.77% | -18.62% | View data |
| 6 | 6 Spain | 4.64 | 2023 | -2.05% | -3.13% | View data |
| 7 | 7 Netherlands | 4.45 | 2023 | -25.73% | +11.51% | View data |
| 8 | 8 Norway | 2.97 | 2023 | +9.98% | +9.61% | View data |
| 9 | 9 Greece | 1.77 | 2023 | +9.13% | +13.25% | View data |
| 10 | 10 Iceland | 1.71 | 2023 | +0.62% | -0.3% | View data |
