In 2023, China dominated the global import share for live, fresh, or chilled rock lobster and other sea crawfish, holding an overwhelming 93.46% share. Taiwan followed with 8.62%, while other countries like Spain and Portugal trailed significantly with 3.88% and 1.32% shares, respectively. Notably, Austria experienced an 8.85% decrease in imports, while Taiwan saw a 13.85% increase. Over the last two years, the market dynamics have shown stagnation or minor growth for most countries.
Looking forward, the focus should be on Taiwan's continued growth in contribution and China's potential plateauing dominance. Additionally, watch shifts in European markets due to changing trade agreements and sustainability concerns influencing consumer preferences. Factors like climate change's impact on lobster habitats may also drive future market adjustments.
Top countries in Live, Fresh or Chilled Rock Lobster and Other Sea Crawfish Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 93.46 | 2023 | -43.01% | View data | |
| 2 | 2 Taiwan | 8.62 | 2023 | +4.05% | +13.85% | View data |
| 3 | 3 Spain | 3.88 | 2023 | +11.45% | View data | |
| 4 | 4 Portugal | 1.32 | 2023 | +2% | View data | |
| 5 | 5 Australia | 0.31 | 2023 | +36.18% | +8.51% | View data |
| 6 | 6 Switzerland | 0.11 | 2023 | +17.66% | View data | |
| 7 | 7 Canada | 0.072 | 2023 | -4.7% | View data | |
| 8 | 8 Austria | 0.05 | 2023 | +6.86% | -8.85% | View data |
| 9 | 9 Croatia | 0.045 | 2023 | +27.13% | View data | |
| 10 | 10 Romania | 0.016 | 2023 | +17.47% | View data |
