Denmark - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in Denmark - 2023
Contents:
- Price for Crab and Crab Meat in Denmark (FOB) - 2023
- Price for Crab and Crab Meat in Denmark (CIF) - 2023
- Exports of Crab and Crab Meat in Denmark
- Imports of Crab and Crab Meat in Denmark
Price for Crab and Crab Meat in Denmark (FOB) - 2023
The average crab and crab meat export price stood at $11,891 per ton in August 2023, rising by 20% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 25% month-to-month. As a result, the export price attained the peak level of $15,631 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($20,627 per ton), while the average price for exports to Norway ($3,375 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crab and Crab Meat in Denmark (CIF) - 2023
In August 2023, the average crab and crab meat import price amounted to $10,379 per ton, growing by 10% against the previous month. In general, the import price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in March 2023 an increase of 110% against the previous month. As a result, import price attained the peak level of $23,969 per ton. From April 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Norway ($63,388 per ton), while the price for the UK ($1,134 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Norway (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Crab and Crab Meat in Denmark
Crab and crab meat exports from Denmark fell markedly to 978 tons in 2022, waning by -71.7% on the previous year's figure. In general, exports saw a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports attained the peak of 3.5K tons, and then fell significantly in the following year.
In value terms, crab and crab meat exports contracted notably to $12M in 2022. Overall, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $56M, and then contracted significantly in the following year.
| Export of Crab and Crab Meat in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.6 | 22.6 | 23.9 | 2.3 | -55.8% |
| France | 4.1 | 5.4 | 7.6 | 2.0 | -21.3% |
| Netherlands | 0.5 | 1.5 | 2.7 | 1.5 | 44.2% |
| Spain | 3.7 | 2.8 | 2.9 | 1.4 | -27.7% |
| China | 3.7 | 0.8 | 2.1 | 1.2 | -31.3% |
| Italy | 2.1 | 2.0 | 3.0 | 0.7 | -30.7% |
| Japan | 2.5 | 0.8 | 0.7 | 0.4 | -45.7% |
| Vietnam | 4.6 | 2.2 | 0.3 | 0.3 | -59.7% |
| Others | 3.2 | 7.3 | 12.5 | 2.0 | -14.5% |
| Total | 51.1 | 45.4 | 55.7 | 11.6 | -39.0% |
Top Export Markets for Crab and Crab Meat from Denmark in 2022:
- United States (224.1 tons)
- France (192.9 tons)
- Spain (117.4 tons)
- China (117.1 tons)
- Netherlands (88.3 tons)
- Italy (49.0 tons)
- Vietnam (30.8 tons)
- Japan (25.5 tons)
Imports of Crab and Crab Meat in Denmark
In 2022, imports of crabs and crab meat into Denmark was estimated at 3.3K tons, picking up by 1.8% against the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, crab and crab meat imports expanded slightly to $55M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Crab and Crab Meat in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 25.1 | 25.8 | 36.2 | 35.0 | 11.7% |
| Norway | 13.4 | 3.9 | 7.7 | 12.3 | -2.8% |
| United Kingdom | 0.2 | N/A | 1.2 | 1.6 | 100.0% |
| Canada | N/A | N/A | N/A | 1.3 | 0% |
| Netherlands | 0.4 | 0.2 | 2.5 | 0.7 | 20.5% |
| Others | 1.0 | 4.5 | 6.5 | 4.0 | 58.7% |
| Total | 40.2 | 34.4 | 54.1 | 55.0 | 11.0% |
Top Suppliers of Crab and Crab Meat to Denmark in 2022:
- Greenland (2379.3 tons)
- Norway (392.9 tons)
- United Kingdom (146.2 tons)
- Canada (107.4 tons)
- Netherlands (56.0 tons)
This report provides an in-depth analysis of the market for crab and crab meat 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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