Ireland leads European lobster production with 2.81 thousand metric tons in 2023, showing a year-on-year increase of 3.39%. The United Kingdom follows closely with 2.35 thousand metric tons and a growth of 4.13%. Spain, Germany, France, and Iceland, despite relevant presence, saw declines, notably Iceland at -16.33% and France at -13.23%. Belgium achieved notable growth with a 19.97% increase. Even smaller players like the Netherlands and Denmark showed slight positive movement. Overall, the five-year compound annual growth rate (CAGR) reflects expansion for some countries and contraction for others.
Future trends to watch include sustainability practices impacting capture fisheries, potential post-Brexit trade implications on the UK's production, and technological advancements in aquaculture that could shift production dynamics. Monitoring regulatory impacts and market demands will also be crucial for projecting future growth in the European lobster market.
Key considerations:
- Market shifts due to sustainability and regulation concerns
- Post-Brexit effects on UK exports
- Technological advances in aquaculture
Top countries in Tails Fresh Lobsters Production in Capture Fisheries for Human Consumption by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 2,810 | 2023 | +2.71% | +3.39% | View data |
| 2 | 2 United Kingdom | 2,350 | 2023 | -1% | +4.13% | View data |
| 3 | 3 Iceland | 147.25 | 2023 | +13.29% | -16.33% | View data |
| 4 | 4 Denmark | 142.47 | 2023 | +5.93% | +1.63% | View data |
| 5 | 5 Netherlands | 55.74 | 2023 | -20.71% | +5.98% | View data |
| 6 | 6 Belgium | 47.5 | 2023 | +81.72% | +19.97% | View data |
| 7 | 7 Sweden | 36.84 | 2023 | +5.72% | +0.55% | View data |
| 8 | 8 France | 15.65 | 2023 | -14.04% | -13.23% | View data |
| 9 | 9 Germany | 6.93 | 2023 | +204.22% | -4.67% | View data |
| 10 | 10 Norway | 0.12 | 2023 | +344.98% | View data |
