In 2023, the United Kingdom dominated the European Tails Fresh Norway Lobster market with 68.96% share, followed by Ireland at 17.3%. UK saw an appreciable growth of 7.06% while Ireland experienced a decline of 1.53%. Denmark's share grew by 5.71%, whereas Iceland reduced by 9.61%. Emerging growth was noted in Belgium with an 18.95% increase, while France saw a sharp decline of 22.25%. Germany observed a negative trend of 8.67%, with Norway holding almost negligible market share. The compound annual growth rate (CAGR) over the past five years indicates moderate stability across regions.
Future trends to monitor include the potential shifts in production due to environmental and regulatory changes in the fishing industry, technological advancements in fisheries, and the global demand fluctuations impacting the European share distribution.
Top countries in Tails Fresh Norway Lobster Production in Capture Fisheries for Human Consumption Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 68.96 | 2023 | +1.09% | +7.06% | View data |
| 2 | 2 Ireland | 17.3 | 2023 | -2.14% | -1.53% | View data |
| 3 | 3 Denmark | 5.28 | 2023 | +5.56% | +5.71% | View data |
| 4 | 4 Iceland | 3.31 | 2023 | +17.56% | -9.61% | View data |
| 5 | 5 Belgium | 1.47 | 2023 | +30.39% | +18.95% | View data |
| 6 | 6 Netherlands | 1.45 | 2023 | -18.08% | +9% | View data |
| 7 | 7 Sweden | 1.45 | 2023 | -13.86% | +4.9% | View data |
| 8 | 8 France | 0.64 | 2023 | -55.29% | -22.25% | View data |
| 9 | 9 Germany | 0.14 | 2023 | +70.85% | -8.67% | View data |
| 10 | 10 Norway | 0.003 | 2023 | -2.55% | View data |