Italy - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Italy - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights

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Price for Crab and Crab Meat in Italy - 2023

Contents:

  1. Price for Crab and Crab Meat in Italy (CIF) - 2023
  2. Price for Crab and Crab Meat in Italy (FOB) - 2023
  3. Imports of Crab and Crab Meat in Italy
  4. Exports of Crab and Crab Meat in Italy

Price for Crab and Crab Meat in Italy (CIF) - 2023

In July 2023, the average crab and crab meat import price amounted to $6,768 per ton, declining by -7.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in February 2023 an increase of 23% m-o-m. As a result, import price attained the peak level of $8,422 per ton. From March 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Norway ($61,425 per ton), while the price for Lithuania ($2,724 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Crab and Crab Meat in Italy (FOB) - 2023

The average crab and crab meat export price stood at $5,790 per ton in July 2023, which is down by -2.9% against the previous month. Overall, the export price, however, showed a notable increase. The pace of growth was the most pronounced in December 2022 an increase of 72% against the previous month. Over the period under review, the average export prices attained the peak figure at $9,652 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($41,541 per ton), while the average price for exports to Albania ($2,270 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crab and Crab Meat in Italy

In 2022, the amount of crabs and crab meat imported into Italy declined to 2.6K tons, almost unchanged from the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports reached the peak of 2.6K tons, leveling off in the following year.

In value terms, crab and crab meat imports reached $18M in 2022. Over the period under review, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 60%.

Import of Crab and Crab Meat in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.44.07.87.55.4%
Tunisia2.21.52.93.213.3%
Spain1.91.02.22.13.4%
Ireland2.31.41.91.4-15.3%
Denmark0.70.51.21.219.7%
Netherlands0.50.40.71.026.0%
China0.40.20.30.57.7%
Senegal0.30.10.10.1-30.7%
United Kingdom2.21.40.1N/A-78.7%
Others2.80.91.11.6-17.0%
Total19.711.518.318.5-2.1%

Top Suppliers of Crab and Crab Meat to Italy in 2022:

  1. France (1014.7 tons)
  2. Tunisia (877.7 tons)
  3. Ireland (180.0 tons)
  4. Spain (128.1 tons)
  5. China (92.6 tons)
  6. Netherlands (87.0 tons)
  7. Denmark (59.0 tons)
  8. Senegal (22.6 tons)

Exports of Crab and Crab Meat in Italy

In 2022, exports of crabs and crab meat from Italy surged to 253 tons, with an increase of 346% against the previous year. In general, exports, however, continue to indicate a drastic downturn.

In value terms, crab and crab meat exports surged to $1.1M in 2022. Over the period under review, exports, however, faced a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 101%.

Export of Crab and Crab Meat in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain79236.37.8505-13.9%
Austria1641692291976.3%
Malta23.529.912694.158.8%
Germany21.118.138.972.751.0%
Croatia93.726.512560.9-13.4%
Albania12.88.96.816.38.4%
Others478107260104-39.9%
Total1,5853957941,050-12.8%

Top Export Markets for Crab and Crab Meat from Italy in 2022:

  1. Spain (202.0 tons)
  2. Malta (18.3 tons)
  3. Albania (7.1 tons)
  4. Croatia (6.0 tons)
  5. Austria (5.1 tons)
  6. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for crab and crab meat in Italy. 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:

    • Italy

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Italy
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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