Spain - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Norway Lobster Price in Spain - 2023
Contents:
- Frozen Norway Lobster Price in Spain (CIF) - 2023
- Frozen Norway Lobster Price in Spain (FOB) - 2023
- Frozen Norway Lobster Imports in Spain
- Frozen Norway Lobster Exports in Spain
Frozen Norway Lobster Price in Spain (CIF) - 2023
The average frozen norway lobster import price stood at $13,432 per ton in July 2023, rising by 4.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 23% m-o-m. The import price peaked at $14,353 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Morocco ($31,562 per ton), while the price for Greece ($2,878 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Norway Lobster Price in Spain (FOB) - 2023
The average frozen norway lobster export price stood at $12,932 per ton in July 2023, waning by -22.4% against the previous month. Over the period under review, the export price recorded a slight downturn. The growth pace was the most rapid in November 2022 when the average export price increased by 19% against the previous month. The export price peaked at $19,525 per ton in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Albania ($21,780 per ton), while the average price for exports to Portugal ($4,038 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Norway Lobster Imports in Spain
Frozen norway lobster imports into Spain fell to 3.6K tons in 2022, with a decrease of -12.5% on the previous year's figure. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 17%.
In value terms, frozen norway lobster imports reduced slightly to $45M in 2022. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year.
| Import of Frozen Norway Lobster in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.6 | 0.7 | 9.2 | 11.6 | 93.5% |
| Ireland | 9.4 | 9.5 | 13.8 | 10.5 | 3.8% |
| United Kingdom | 25.0 | 13.5 | 6.5 | 7.2 | -34.0% |
| Netherlands | 8.6 | 5.8 | 6.8 | 6.0 | -11.3% |
| Denmark | 6.7 | 2.4 | 4.4 | 5.6 | -5.8% |
| Morocco | 3.5 | 3.4 | 2.9 | 2.6 | -9.4% |
| Greece | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 1.8 | 1.2 | 2.3 | 1.1 | -15.1% |
| Total | 56.6 | 36.6 | 46.2 | 44.8 | -7.5% |
Top Suppliers of Frozen Norway Lobster to Spain in 2022:
- France (1016.4 tons)
- Ireland (915.3 tons)
- United Kingdom (569.4 tons)
- Netherlands (495.2 tons)
- Denmark (329.0 tons)
- Morocco (86.8 tons)
- Greece (55.1 tons)
Frozen Norway Lobster Exports in Spain
In 2022, the amount of frozen norway lobsters exported from Spain amounted to 957 tons, approximately mirroring the previous year's figure. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 196% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, frozen norway lobster exports rose remarkably to $17M in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 198%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Frozen Norway Lobster in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.4 | 3.2 | 11.6 | 12.1 | 52.7% |
| France | 1.3 | 1.1 | 1.9 | 1.7 | 9.4% |
| Ireland | 0.1 | N/A | 0.5 | 1.4 | 141.0% |
| Portugal | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| United States | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Netherlands | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Denmark | 0.6 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.4 | 0.6 | 0.9 | 4.0% |
| Total | 7.1 | 5.1 | 15.3 | 17.3 | 34.6% |
Top Export Markets for Frozen Norway Lobster from Spain in 2022:
- Italy (617.7 tons)
- France (128.1 tons)
- Ireland (95.5 tons)
- Portugal (33.6 tons)
- United States (24.6 tons)
- Netherlands (9.4 tons)
- Denmark (1.2 tons)
This report provides an in-depth analysis of the frozen norway lobster market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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