Report Update Nov 1, 2024

Slovakia - Frozen Lobster - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Frozen Lobster Market 2024

Frozen Lobster Market Size in Slovakia

The Slovak frozen lobster market soared to $X in 2022, with an increase of 42% against the previous year. Overall, consumption, however, saw a deep slump. Frozen lobster consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Frozen Lobster Production in Slovakia

In value terms, frozen lobster production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by 17% against the previous year. Frozen lobster production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Frozen Lobster Exports

Exports from Slovakia

Frozen lobster exports from Slovakia surged to X kg in 2022, with an increase of 25% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 129% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, frozen lobster exports fell dramatically to $X in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 538%. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

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

From 2017 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +109.1%.

In value terms, the Netherlands ($X) emerged as the key foreign market for frozen lobster exports from Slovakia.

From 2017 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +207.1%.

Export Prices by Country

The average frozen lobster export price stood at $X per ton in 2022, reducing by -53.7% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 179%. As a result, the export price attained the peak level of $X per ton, and then declined remarkably in the following year.

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

From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +46.8% per year.

Frozen Lobster Imports

Imports into Slovakia

In 2022, imports of frozen lobster into Slovakia surged to X kg, with an increase of 40% compared with 2021 figures. Over the period under review, imports, however, faced a deep downturn. The growth pace was the most rapid in 2019 with an increase of 206% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, frozen lobster imports skyrocketed to $X in 2022. Overall, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by 298% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled -16.6%.

In value terms, Canada ($X) constituted the largest supplier of frozen lobster to Slovakia.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled -4.7%.

Import Prices by Country

The average frozen lobster import price stood at $X per ton in 2022, picking up by 18% against the previous year. In general, the import price showed pronounced growth. The most prominent rate of growth was recorded in 2016 an increase of 35% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 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 Canada.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +82.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen lobster in the world?

The United States remains the largest frozen lobster consuming country worldwide, comprising approx. 45% of total volume. Moreover, frozen lobster consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, threefold. China ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of frozen lobster in the world?

The country with the largest volume of frozen lobster production was Canada, comprising approx. 89% of total volume. It was followed by India, with a 2.3% share of total production.

What are the leading suppliers of frozen lobster to Slovakia?

In value terms, the Czech Republic constituted the largest supplier of frozen lobster to Slovakia.

What is the average export price for frozen lobster in Slovakia?

The average frozen lobster export price stood at $19,684 per ton in 2021, growing by 6.4% against the previous year.

What is the average import price for frozen lobster in Slovakia?

In 2021, the average frozen lobster import price amounted to $19,675 per ton, remaining stable against the previous year.

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

Slovakia

Data coverage:

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