In 2023, Australia dominated the global exports of live, fresh or chilled rock lobster and other sea crawfish with a substantial export value, though it experienced a minor contraction of 0.73% compared to the previous year. Notable growth was observed in Malaysia, with a significant increase of 17.36%, while Japan saw an impressive surge of 84.37%, albeit from a smaller base. Conversely, New Zealand witnessed a sharp decline of 59.49%. Some countries like the United Kingdom, Portugal, Brazil, and others maintained stable export values compared to 2022, indicating a steady market position without annual variation.
Looking ahead, several potential trends could influence the market:
- The sustainability and ethical sourcing of rock lobsters might become more significant, potentially affecting demand from environmentally conscious consumers.
- Economic conditions and changing trade policies could influence new market opportunities or restrictions.
- Technological innovations in processing and preserving seafood may enhance export capacity and quality.
- Fluctuating ocean temperatures due to climate change could impact lobster populations, influencing supply and ultimately export volumes.
Top countries in Live, Fresh or Chilled Rock Lobster and Other Sea Crawfish Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 549,580,000 | 2023 | +11.3% | -0.73% | View data |
| 2 | 2 Vietnam | 22,959,000 | 2021 | View data | ||
| 3 | 3 United Kingdom | 22,271,000 | 2023 | +7.67% | View data | |
| 4 | 4 Malaysia | 20,821,000 | 2023 | +26.42% | +17.36% | View data |
| 5 | 5 Portugal | 6,783,400 | 2023 | -4.42% | View data | |
| 6 | 6 Brazil | 5,896,000 | 2023 | +45.66% | View data | |
| 7 | 7 Ireland | 3,762,100 | 2021 | View data | ||
| 8 | 8 France | 2,972,100 | 2023 | +4.42% | View data | |
| 9 | 9 Chile | 1,719,200 | 2023 | +2.95% | View data | |
| 10 | 10 Japan | 852,170 | 2023 | +46.79% | +84.37% | View data |
