Price for Crustacean Preparations; Lobster, Prepared or Preserved in Norway - 2024
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Norway (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Norway (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Norway
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Norway
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Norway (CIF) - 2022
In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $35,272 per ton, jumping by 42% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for crustacean preparations; lobster, prepared or preserveds increased by +70.8% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the United States ($63,794 per ton), while the price for Sweden ($15,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Norway (FOB) - 2022
The average export price for crustacean preparations; lobster, prepared or preserveds stood at $43,421 per ton in 2022, increasing by 21% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 84%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($73,333 per ton), while the average price for exports to Slovenia ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Norway
In 2022, supplies from abroad of crustacean preparations; lobster, prepared or preserveds was finally on the rise to reach 2.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a deep reduction.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $89K in 2022. Overall, imports, however, saw a pronounced contraction.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.5 | 6.8 | 7.1 | 37.7 | 120.8% |
| Denmark | 32.5 | 6.5 | 13.1 | 28.5 | -4.3% |
| Canada | 11.2 | 15.0 | 2.8 | 20.1 | 21.5% |
| France | 2.2 | 1.2 | 1.5 | 2.4 | 2.9% |
| Others | 51.5 | 11.6 | 18.0 | 0.2 | -84.3% |
| Total | 101 | 41.1 | 42.5 | 88.9 | -4.2% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Norway in 2022:
- Denmark (1414.0 kg)
- United States (591.0 kg)
- Canada (400.0 kg)
- France (105.0 kg)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Norway
For the third year in a row, Norway recorded decline in shipments abroad of crustacean preparations; lobster, prepared or preserveds, which decreased by -52.5% to 19 kg in 2022. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -30.6% was in 2020.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds contracted remarkably to $825 in 2022. Overall, exports saw a dramatic decline. The smallest decline of -24% was in 2021.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1,301 | 654 | 842 | 507 | -27.0% |
| Sweden | 707 | 702 | 380 | 220 | -32.2% |
| Spain | 394 | 160 | 167 | 81.0 | -41.0% |
| Belgium | 32.0 | 13.0 | 13.0 | 6.0 | -42.8% |
| Switzerland | 22.0 | 4.0 | 7.0 | 5.0 | -39.0% |
| Slovenia | 4.0 | 2.0 | 3.0 | 3.0 | -9.1% |
| Philippines | N/A | N/A | 8.0 | N/A | 0% |
| Uruguay | N/A | 345 | N/A | N/A | 0% |
| Others | 24.0 | 5.0 | 13.0 | 3.0 | -50.0% |
| Total | 2,484 | 1,885 | 1,433 | 825 | -30.7% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Norway in 2022:
- Denmark (8.0 kg)
- Spain (4.0 kg)
- Sweden (3.0 kg)
- Slovenia (1.0 kg)
- Switzerland (1.0 kg)
- Belgium (1.0 kg)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Norway.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Norway.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
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Explore the top import markets for prepared or preserved crab meat in 2023. Discover the key countries driving the global trade of crab meat.
