The European lobster production landscape reveals the United Kingdom as the key player, holding a dominant share of 47.76% of the market in 2023. Other significant contributors include France with 15.31% and Denmark with 11.8%. Notable year-on-year changes in 2023 include a 5.02% increase in the UK and a 12.04% rise in Greece, highlighting a dynamic market. Italy experienced a substantial decline of 17.88%, while Germany saw a 12.58% uptick. Over the past five years, the compound annual growth rate indicates a diverse range of trends across countries, emphasizing the competitive and fluctuating nature of the market.
Looking ahead, continued growth in countries like the Netherlands and Greece could shift market dynamics, while economic and environmental factors will likely influence trends. The emphasis on sustainable practices may further alter the production shares in the coming years.
Top countries in Total Lobsters Production in Capture Fisheries Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 47.76 | 2023 | +1.03% | +5.02% | View data |
| 2 | 2 France | 15.31 | 2023 | -3.01% | +4.16% | View data |
| 3 | 3 Denmark | 11.8 | 2023 | -7.26% | +3.44% | View data |
| 4 | 4 Spain | 4.73 | 2023 | -2.51% | +0.35% | View data |
| 5 | 5 Italy | 4.45 | 2023 | -14.45% | -17.88% | View data |
| 6 | 6 Sweden | 4.18 | 2023 | -1.17% | +2.71% | View data |
| 7 | 7 Netherlands | 3.25 | 2023 | -25% | +10.33% | View data |
| 8 | 8 Norway | 2.52 | 2023 | +9.99% | +8.55% | View data |
| 9 | 9 Greece | 2.3 | 2023 | +18.34% | +12.04% | View data |
| 10 | 10 Iceland | 1.65 | 2023 | +7.18% | +6.73% | View data |
