Indonesia: Frozen Norway Lobster Market 2025

Frozen Norway Lobster Market Size in Indonesia

The Indonesian frozen norway lobster market reached $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, enjoyed a prominent increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Frozen Norway Lobster Production in Indonesia

In value terms, frozen norway lobster production rose modestly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 13%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Frozen Norway Lobster Exports

Exports from Indonesia

In 2022, after four years of decline, there was significant growth in overseas shipments of frozen norway lobsters, when their volume increased by 115% to X tons. Over the period under review, exports, however, saw a dramatic descent. The pace of growth appeared the most rapid in 2017 when exports increased by 148% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen norway lobster exports soared to $X in 2022. In general, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 153%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Morocco (X kg) was the main destination for frozen norway lobster exports from Indonesia, with a 82% share of total exports. Moreover, frozen norway lobster exports to Morocco exceeded the volume sent to the second major destination, Luxembourg (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Morocco was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (-34.7% per year) and Australia (-40.3% per year).

In value terms, Morocco ($X) emerged as the key foreign market for frozen norway lobsters exports from Indonesia, comprising 85% of total exports. The second position in the ranking was held by Luxembourg ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Morocco was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (-37.3% per year) and Australia (-38.9% per year).

Export Prices by Country

The average frozen norway lobster export price stood at $X per ton in 2022, waning by -17.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank notably in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+54.4%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Norway Lobster Imports

Imports into Indonesia

After four years of growth, supplies from abroad of frozen norway lobsters decreased by -16.9% to X kg in 2022. In general, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 333% against the previous year. Over the period under review, imports hit record highs at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, frozen norway lobster imports declined remarkably to $X in 2022. Overall, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2015 when imports increased by 335% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X kg) was the main supplier of frozen norway lobster to Indonesia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from France amounted to -3.2%.

In value terms, France ($X) constituted the largest supplier of frozen norway lobsters to Indonesia.

From 2012 to 2022, the average annual growth rate of value from France stood at +4.6%.

Import Prices by Country

In 2022, the average frozen norway lobster import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 106%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to +177.0% per year.

Source: IndexBox Platform

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