Netherlands: Frozen Norway Lobster Market 2024

Frozen Norway Lobster Market Size in the Netherlands

After two years of growth, the Dutch frozen norway lobster market decreased by -33% to $X in 2022. In general, consumption recorded a abrupt contraction. Frozen norway lobster consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Frozen Norway Lobster Production in the Netherlands

In value terms, frozen norway lobster production rose slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Frozen norway lobster production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Frozen Norway Lobster Exports

Exports from the Netherlands

In 2022, exports of frozen norway lobsters from the Netherlands contracted modestly to X tons, approximately reflecting the previous year's figure. Over the period under review, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 34% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen norway lobster exports reached $X in 2022. Overall, total exports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.7% against 2020 indices. The growth pace was the most rapid in 2016 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Italy (X tons) was the main destination for frozen norway lobster exports from the Netherlands, with a 41% share of total exports. Moreover, frozen norway lobster exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was taken by France (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+13.4% per year) and France (-2.1% per year).

In value terms, Italy ($X), Spain ($X) and France ($X) constituted the largest markets for frozen norway lobster exported from the Netherlands worldwide, with a combined 70% share of total exports. Belgium, Germany, Croatia, Denmark, Greece and Slovenia lagged somewhat behind, together comprising a further 26%.

Slovenia, with a CAGR of +54.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen norway lobster export price stood at $X per ton in 2022, increasing by 3.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Croatia ($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 Slovenia (+12.3%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Norway Lobster Imports

Imports into the Netherlands

In 2022, the amount of frozen norway lobsters imported into the Netherlands dropped significantly to X tons, which is down by -17% against the year before. In general, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 when imports increased by 147%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, frozen norway lobster imports reduced notably to $X in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 109%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), Denmark (X tons) and France (X tons) were the main suppliers of frozen norway lobster imports to the Netherlands, together comprising 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +53.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Denmark ($X) and France ($X) constituted the largest frozen norway lobster suppliers to the Netherlands, together accounting for 79% of total imports.

France, with a CAGR of +51.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen norway lobster import price stood at $X per ton in 2022, falling by -27.7% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 14%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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