Egypt - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in Egypt - 2023
Contents:
- Price for Crab and Crab Meat in Egypt (CIF) - 2022
- Price for Crab and Crab Meat in Egypt (FOB) - 2022
- Imports of Crab and Crab Meat in Egypt
- Exports of Crab and Crab Meat in Egypt
Price for Crab and Crab Meat in Egypt (CIF) - 2022
In 2022, the average crab and crab meat import price amounted to $15,256 per ton, with a decrease of -2.1% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 an increase of 256% against the previous year. The import price peaked at $15,582 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($15,256 per ton) and Norway ($15,256 per ton), while the price for Yemen ($15,256 per ton) and Tunisia ($15,256 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+45.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crab and Crab Meat in Egypt (FOB) - 2022
In 2022, the average crab and crab meat export price amounted to $15,849 per ton, picking up by 4.3% against the previous year. In general, the export price recorded a significant increase. The growth pace was the most rapid in 2020 an increase of 199%. Over the period under review, the average export prices reached the peak figure 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 Russia.
From 2016 to 2022, the rate of growth in terms of prices for Italy amounted to +26.5% per year.
Imports of Crab and Crab Meat in Egypt
In 2022, the amount of crabs and crab meat imported into Egypt reduced to 46 tons, dropping by -10.2% compared with 2021 figures. Over the period under review, imports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 8.1% against the previous year.
In value terms, crab and crab meat imports dropped to $697K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, imports reached the peak of $793K, and then dropped in the following year.
| Import of Crab and Crab Meat in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 280 | 308 | 371 | 503 | 21.6% |
| Tunisia | N/A | 80.5 | 216 | 80.0 | -0.3% |
| Norway | 22.7 | 36.1 | 32.4 | 45.0 | 25.6% |
| Saudi Arabia | N/A | 68.7 | N/A | 42.8 | -21.1% |
| United Arab Emirates | 13.9 | N/A | N/A | 26.6 | 24.2% |
| Others | 16.7 | 2.0 | 173 | N/A | 221.9% |
| Total | 333 | 495 | 793 | 697 | 27.9% |
Top Suppliers of Crab and Crab Meat to Egypt in 2022:
- Yemen (33.0 tons)
- Tunisia (5.2 tons)
- Norway (3.0 tons)
- Saudi Arabia (2.8 tons)
- United Arab Emirates (1.7 tons)
Exports of Crab and Crab Meat in Egypt
Crab and crab meat exports from Egypt contracted remarkably to 1.4 tons in 2022, shrinking by -83.6% against 2021 figures. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 82%.
In value terms, crab and crab meat exports declined significantly to $22K in 2022. Overall, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 99.9%. As a result, the exports attained the peak of $128K, and then contracted sharply in the following year.
| Export of Crab and Crab Meat in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 21.9 | 0% |
| Belgium | N/A | N/A | 109 | N/A | 0% |
| Jordan | 2.9 | N/A | N/A | N/A | 0% |
| United States | 74.2 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.4 | N/A | 4.7 | N/A | 242.8% |
| Italy | N/A | 64.1 | 14.6 | N/A | -77.2% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 77.5 | 64.1 | 128 | 21.9 | -34.4% |
Top Export Markets for Crab and Crab Meat from Egypt in 2022:
- Russia (1381.0 kg)
- United Arab Emirates (3.0 kg)
This report provides an in-depth analysis of the market for crab and crab meat in Egypt. 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:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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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