Report Update Nov 1, 2024

Serbia - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: Frozen Norway Lobster Market 2024

Frozen Norway Lobster Market Size in Serbia

In 2022, the Serbian frozen norway lobster market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption showed a modest increase. Frozen norway lobster consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Frozen Norway Lobster Production in Serbia

In value terms, frozen norway lobster production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 19%. Frozen norway lobster production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Frozen Norway Lobster Exports

Exports from Serbia

In 2021, exports of frozen norway lobsters from Serbia stood at X tons, remaining constant against the previous year. Over the period under review, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, frozen norway lobster exports stood at $X in 2021. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for frozen norway lobster exports from Serbia, with a approx. 100% share of total exports.

From 2019 to 2021, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2019 to 2021, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2021, the average frozen norway lobster export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price recorded a deep setback. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2019 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Frozen Norway Lobster Imports

Imports into Serbia

In 2022, frozen norway lobster imports into Serbia dropped slightly to X tons, waning by -2.4% against the year before. Overall, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 242% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen norway lobster imports amounted to $X in 2022. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by 242%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +22.0%.

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

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +18.6%.

Import Prices by Country

In 2022, the average frozen norway lobster import price amounted to $X per ton, surging by 3% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Albania amounted to +13.2% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the frozen norway lobster market in Serbia. 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:

Serbia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Serbia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023