Canada dominated the global imports of live, fresh, or chilled lobsters in 2023, accounting for over half of the global market share, at 52.77%. Belgium and France followed, each with slightly more than 10%. South Korea captured 9.43%, while Spain managed 7.91%. Taiwan and the UK were notable with 4.34% and 3.55% respectively. Remaining countries, including Portugal and Greece, held significantly smaller shares.
Key year-on-year variations in 2023 include significant increases in Belgium (8.62%), Czech Republic (21.45%), and Finland (10.12%). Countries like Spain and Austria saw declines of 2.8% and 6.05% respectively, reflecting shifting preferences or market disruptions.
Future trends to monitor include potential growth in Asian markets like South Korea and Taiwan, which could seek more lobsters due to rising culinary trends. Additionally, geopolitical shifts or trade agreements might impact Canada's leading position. Observing environmental factors impacting lobster populations could also affect global supply and demand dynamics in the future.
Top countries in Live, Fresh or Chilled Lobsters Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 52.77 | 2023 | +9.68% | +1.84% | View data |
| 2 | 2 Belgium | 10.38 | 2023 | +1.28% | +8.62% | View data |
| 3 | 3 France | 10.31 | 2023 | +3.82% | +0.05% | View data |
| 4 | 4 South Korea | 9.43 | 2023 | -8.72% | View data | |
| 5 | 5 Spain | 7.91 | 2023 | +6.1% | -2.8% | View data |
| 6 | 6 Taiwan | 4.34 | 2023 | +11.7% | +4.69% | View data |
| 7 | 7 United Kingdom | 3.55 | 2023 | +15.28% | -0.25% | View data |
| 8 | 8 Portugal | 0.73 | 2023 | +11.69% | -0.34% | View data |
| 9 | 9 Greece | 0.15 | 2023 | +17.42% | +1.67% | View data |
| 10 | 10 Czech Republic | 0.13 | 2023 | +3.91% | +21.45% | View data |
