As of 2023, Canada dominates the global market for live, fresh, or chilled lobster exports, holding a 64.43% market share. The United States follows at 28.61%. Notable smaller players include France at 3.6% and the Netherlands at 2.92%. Most countries have shown varying year-on-year changes, with significant increases in Spain (186.67%) and Greece (116.11%). Germany and Italy, however, experienced slight declines. Over a five-year period, growth trends indicate countries like France and the Netherlands are expanding their market share, while Canada and the United States maintain stable positions.
Looking ahead, trends to watch include potential continued growth in European markets, with smaller countries possibly consolidating or expanding their shares further. Sustainable practices and regulatory changes may also impact the industry dynamics. Emerging exporters like Spain could disrupt current market structures if their growth continues at the current rate.
Top countries in Live, Fresh or Chilled Lobsters Exports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 64.43 | 2023 | +11.01% | +5.93% | View data |
| 2 | 2 United States | 28.61 | 2023 | -6.36% | View data | |
| 3 | 3 France | 3.6 | 2023 | +27.62% | +34.29% | View data |
| 4 | 4 Netherlands | 2.92 | 2023 | +8.63% | +16.92% | View data |
| 5 | 5 Belgium | 2.74 | 2023 | +2.69% | +9.88% | View data |
| 6 | 6 Germany | 0.37 | 2023 | +16.99% | -1.98% | View data |
| 7 | 7 Spain | 0.19 | 2023 | +80.49% | +186.67% | View data |
| 8 | 8 Italy | 0.09 | 2023 | +14.14% | -2.14% | View data |
| 9 | 9 Croatia | 0.012 | 2023 | +21.57% | -1.37% | View data |
| 10 | 10 Sweden | 0.008 | 2023 | +1.6% | +53.84% | View data |