In 2023, Italy led in European whole frozen lobsters production with a value of 23.98 thousand euros per metric ton, reflecting a growth of 2.41%. France followed with 15.03 thousand euros, while the United Kingdom saw a decline of 6.64% to 8.08 thousand euros. Remarkably, the Netherlands experienced substantial growth, surging by 71.62% to 7.56 thousand euros. Denmark remained stable with 8.75 thousand euros, and Spain decreased by 10.51% to 3.89 thousand euros. Over five years, the compound annual growth rate highlighted increasing competitiveness, especially from the Netherlands.
Future trends to watch include potential shifts in market demand due to economic conditions, sustainability concerns impacting capture fisheries, and technological advancements that may enhance production efficiency across European countries.
Top countries in Whole Frozen Lobsters Production in Capture Fisheries for Human Consumption by Country
| # | 6 Countries | Euros Per Metric Ton | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23,980 | 2023 | +3.36% | +2.41% | View data |
| 2 | 2 France | 15,030 | 2022 | +34.76% | View data | |
| 3 | 3 Denmark | 8,750 | 2023 | -18.93% | View data | |
| 4 | 4 United Kingdom | 8,080 | 2023 | -0.7% | -6.64% | View data |
| 5 | 5 Netherlands | 7,560 | 2023 | +20.9% | +71.62% | View data |
| 6 | 6 Spain | 3,890 | 2023 | -36.54% | -10.51% | View data |
