The United Kingdom leads European whole fresh lobster production with an output valued at 58.301 million euros. Recent growth trends show a significant surge in Germany at 517.81%, alongside notable increases in Ireland and Denmark, at 34.42% and 16.8% respectively. Conversely, Italy experienced a slight decline of 0.56%. The Compound Annual Growth Rate (CAGR) over the last five years indicates gradual growth across most European countries, hinting at a growing market.
Future trends to watch for include:
- Potential expansion in Germany's market share given its rapid growth.
- Continued upward trends in Ireland and Denmark as they improve operational capacities.
- Monitoring impacts of environmental and regulatory changes on production volume and profitability across Europe.
Top countries in Whole Fresh European Lobster Production in Capture Fisheries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 58,301,000 | 2023 | +2.7% | +3.48% | View data |
| 2 | 2 Ireland | 20,150,000 | 2023 | +30.38% | +34.42% | View data |
| 3 | 3 France | 8,121,700 | 2023 | -2.28% | +0.64% | View data |
| 4 | 4 Denmark | 1,970,700 | 2023 | +21.07% | +16.8% | View data |
| 5 | 5 Germany | 1,400,100 | 2023 | +49.88% | +517.81% | View data |
| 6 | 6 Spain | 752,220 | 2023 | +0.17% | +15.65% | View data |
| 7 | 7 Italy | 455,960 | 2023 | +12.88% | -0.56% | View data |
| 8 | 8 Portugal | 212,600 | 2023 | +12.7% | +9.03% | View data |
| 9 | 9 Croatia | 181,720 | 2023 | -1.88% | +14.92% | View data |
| 10 | 10 Netherlands | 159,870 | 2023 | +21.02% | +14.85% | View data |
