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Report Southern Asia - Frozen Norway Lobsters - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Southern Asia: Frozen Norway Lobster Market 2024

Frozen Norway Lobster Market Size in Southern Asia

The South Asian frozen norway lobster market reduced to $X in 2022, waning by -8% against the previous year. In general, consumption saw a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Frozen Norway Lobster Production in Southern Asia

In value terms, frozen norway lobster production surged to $X in 2022 estimated in export price. In general, production recorded a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Frozen Norway Lobster Exports

Exports in Southern Asia

In 2022, overseas shipments of frozen norway lobsters increased by 12,914% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a significant increase. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, frozen norway lobster exports surged to $X in 2022. Overall, exports showed a significant expansion. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) represented roughly 99% of total exports in 2022.

India was also the fastest-growing in terms of the frozen norway lobsters exports, with a CAGR of +16.4% from 2012 to 2022. From 2012 to 2022, the share of India increased by +98 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In India, frozen norway lobster exports expanded at an average annual rate of +10.3% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, declining by -42.8% against the previous year. In general, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 45%. As a result, the export price reached the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -5.3% per year.

Frozen Norway Lobster Imports

Imports in Southern Asia

In 2022, approx. X tons of frozen norway lobsters were imported in Southern Asia; reducing by -6.2% compared with the year before. Overall, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 762% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, frozen norway lobster imports dropped markedly to $X in 2022. In general, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2014 when imports increased by 729%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

India dominates imports structure, accounting for X tons, which was approx. 96% of total imports in 2022. Maldives (X kg) took a minor share of total imports.

Imports into India decreased at an average annual rate of -22.1% from 2012 to 2022. Maldives (-4.9%) illustrated a downward trend over the same period. India (+4.7 p.p.) and Maldives (+3.4 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) and Maldives ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Maldives, with a CAGR of +0.1%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, waning by -10.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when the import price increased by 30%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (+5.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of norway lobstersi, even smoked, frozen consumption was India, accounting for 51% of total volume. Moreover, norway lobstersi, even smoked, frozen consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, twofold. Bangladesh ranked third in terms of total consumption with an 18% share.
India remains the largest norway lobstersi, even smoked, frozen producing country in Southern Asia, comprising approx. 51% of total volume. Moreover, norway lobstersi, even smoked, frozen production in India exceeded the figures recorded by the second-largest producer, Pakistan, twofold. Bangladesh ranked third in terms of total production with an 18% share.
In value terms, India remains the largest norway lobstersi, even smoked, frozen supplier in Southern Asia.
In value terms, India constitutes the largest market for imported norway lobstersi, even smoked, frozen in Southern Asia.
The export price for norway lobstersi, even smoked, frozen in Southern Asia stood at $2,758 per ton in 2020, dropping by -16.2% against the previous year.
In 2020, the import price for norway lobstersi, even smoked, frozen in Southern Asia amounted to $4,609 per ton, which is down by -44.5% against the previous year.

This report provides an in-depth analysis of the frozen norway lobster market in Southern Asia. 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
    • Production in Southern Asia, split by region and country
    • Trade (exports and imports) in Southern Asia
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Afghanistan
      • Bangladesh
      • Bhutan
      • India
      • Maldives
      • Nepal
      • Pakistan
      • Sri Lanka

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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