Switzerland: Frozen Lobster Market 2025

Frozen Lobster Market Size in Switzerland

The Swiss frozen lobster market skyrocketed to $X in 2022, rising by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a resilient increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Frozen Lobster Exports

Exports from Switzerland

In 2022, shipments abroad of frozen lobster decreased by 0% to X kg, falling for the fourth year in a row after two years of decline. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 126% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen lobster exports totaled $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 132%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

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

From 2013 to 2022, the average annual rate of growth in terms of volume to Belgium was relatively modest.

From 2013 to 2022, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

In 2022, the average frozen lobster export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Frozen Lobster Imports

Imports into Switzerland

In 2022, the amount of frozen lobster imported into Switzerland surged to X tons, rising by 39% on 2021 figures. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, frozen lobster imports soared to $X in 2022. Over the period under review, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Canada (X tons) and the United States (X tons) were the main suppliers of frozen lobster imports to Switzerland, together comprising 79% of total imports. The Netherlands, Denmark, Belgium, South Africa and the UK lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +28.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen lobster suppliers to Switzerland were France ($X), Canada ($X) and the United States ($X), with a combined 74% share of total imports. The Netherlands, Belgium, Denmark, South Africa and the UK lagged somewhat behind, together accounting for a further 22%.

The Netherlands, with a CAGR of +39.7%, saw 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 lobster import price stood at $X per ton in 2022, dropping by -9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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