Denmark - Frozen Lobster - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Lobster Price in Denmark - 2023
Contents:
- Frozen Lobster Price in Denmark (CIF) - 2022
- Frozen Lobster Price in Denmark (FOB) - 2023
- Frozen Lobster Imports in Denmark
- Frozen Lobster Exports in Denmark
Frozen Lobster Price in Denmark (CIF) - 2022
The average frozen lobster import price stood at $22,821 per ton in 2022, growing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 38%. The import price peaked at $23,076 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($38,085 per ton), while the price for the United States ($20,665 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Lobster Price in Denmark (FOB) - 2023
The average frozen lobster export price stood at $24,800 per ton in June 2023, surging by 54% against the previous month. In general, export price indicated a pronounced expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, frozen lobster export price increased by +54.0% against May 2023 indices. The export price peaked at $25,754 per ton in November 2022; however, from December 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Ireland ($56,807 per ton), while the average price for exports to Finland ($13,426 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Lobster Imports in Denmark
In 2022, frozen lobster imports into Denmark skyrocketed to 951 tons, with an increase of 92% against the year before. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen lobster imports skyrocketed to $22M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Lobster in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.8 | 5.1 | 9.0 | 18.0 | 32.1% |
| Netherlands | N/A | 0.1 | 0.4 | 1.6 | 300.0% |
| France | N/A | N/A | 0.1 | 0.7 | 600.0% |
| United States | 1.3 | 0.8 | 0.1 | 0.7 | -18.6% |
| Others | 0.2 | 0.6 | 0.7 | 0.6 | 44.2% |
| Total | 9.4 | 6.7 | 10.2 | 21.7 | 32.2% |
Top Suppliers of Frozen Lobster to Denmark in 2022:
- Canada (808.3 tons)
- Netherlands (58.4 tons)
- United States (35.2 tons)
- France (17.8 tons)
Frozen Lobster Exports in Denmark
In 2022, exports of frozen lobster from Denmark shrank rapidly to 413 tons, waning by -17.7% compared with the previous year's figure. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 502 tons, and then declined markedly in the following year.
In value terms, frozen lobster exports fell to $9.5M in 2022. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 112% against the previous year. As a result, the exports reached the peak of $10M, and then shrank in the following year.
| Export of Frozen Lobster in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,424 | 1,833 | 3,849 | 2,681 | 3.4% |
| Sweden | 1,667 | 1,233 | 2,649 | 1,875 | 4.0% |
| Norway | 47.4 | 247 | 440 | 1,018 | 178.0% |
| France | 50.8 | 128 | 385 | 960 | 166.4% |
| Germany | 467 | 172 | 407 | 599 | 8.7% |
| Belgium | 2.8 | 214 | 534 | 440 | 439.6% |
| Iceland | 359 | 159 | 421 | 369 | 0.9% |
| Switzerland | 255 | 33.8 | 211 | 307 | 6.4% |
| Finland | 125 | 97.2 | 166 | 224 | 21.5% |
| Netherlands | 37.5 | 122 | 96.0 | 203 | 75.6% |
| Austria | 69.9 | 62.0 | 177 | 201 | 42.2% |
| Spain | 376 | 48.6 | 144 | 136 | -28.8% |
| Greenland | 49.4 | 40.7 | 20.2 | 80.7 | 17.8% |
| Others | 291 | 321 | 489 | 362 | 7.5% |
| Total | 6,222 | 4,710 | 9,989 | 9,457 | 15.0% |
Top Export Markets for Frozen Lobster from Denmark in 2022:
- Italy (144.5 tons)
- Sweden (97.5 tons)
- France (32.0 tons)
- Norway (29.4 tons)
- Germany (20.4 tons)
- Belgium (17.4 tons)
- Iceland (11.3 tons)
- Netherlands (10.8 tons)
- Finland (10.1 tons)
- Austria (8.1 tons)
- Greenland (7.4 tons)
- Switzerland (7.0 tons)
- Spain (4.8 tons)
This report provides an in-depth analysis of the frozen lobster market in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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