Canada dominates the global export of prepared or preserved lobster, holding approximately 91.08% of the market share in US dollars as of 2023. Other notable contributors include Ireland (2.53%) and the United States (2.45%). Over the past year, Denmark saw the most significant increase at 59%, while the United States experienced a decline of 6.49%. Noteworthy gains include Portugal at 26.94% and Spain at 25.55%.
Future trends to watch for include:
- Potential for new markets to increase their share, particularly emerging economies.
- Canada's ongoing dominance and strategies to maintain market leadership.
- Impact of consumer demand shifts and sustainability initiatives on exports.
Top countries in Export of Prepared or Preserved Lobster Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 91.08 | 2023 | +2.19% | +3.35% | View data |
| 2 | 2 Ireland | 2.53 | 2023 | +5.01% | +5.94% | View data |
| 3 | 3 United States | 2.45 | 2023 | -14.47% | -6.49% | View data |
| 4 | 4 Denmark | 1.05 | 2023 | +6.29% | +59% | View data |
| 5 | 5 United Kingdom | 0.66 | 2023 | +1.22% | +4.36% | View data |
| 6 | 6 Belgium | 0.44 | 2023 | +1.65% | +0.45% | View data |
| 7 | 7 France | 0.3 | 2023 | +1.26% | -0.59% | View data |
| 8 | 8 Germany | 0.29 | 2023 | +4.96% | +1.52% | View data |
| 9 | 9 United Arab Emirates | 0.23 | 2023 | +5.84% | +1.07% | View data |
| 10 | 10 Indonesia | 0.1 | 2023 | +4.54% | +0.6% | View data |