Pakistan - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in Pakistan - 2023
Contents:
- Price for Crab and Crab Meat in Pakistan (FOB) - 2023
- Price for Crab and Crab Meat in Pakistan (CIF) - 2022
- Exports of Crab and Crab Meat in Pakistan
- Imports of Crab and Crab Meat in Pakistan
Price for Crab and Crab Meat in Pakistan (FOB) - 2023
The average crab and crab meat export price stood at $2,514 per ton in April 2023, rising by 17% against the previous month. In general, export price indicated modest growth from April 2022 to April 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, crab and crab meat export price increased by +18.3% against February 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 21% m-o-m. Over the period under review, the average export prices hit record highs at $3,694 per ton in October 2022; however, from November 2022 to April 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($2,769 per ton), while the average price for exports to Thailand ($1,537 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.0%), while the prices for the other major destinations experienced a decline.
Price for Crab and Crab Meat in Pakistan (CIF) - 2022
In 2022, the average crab and crab meat import price amounted to $20,045 per ton, standing approx. at the previous year. In general, the import price recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 98%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +36.4% per year.
Exports of Crab and Crab Meat in Pakistan
For the fourth consecutive year, Pakistan recorded growth in shipments abroad of crabs and crab meat, which increased by 0.6% to 9.3K tons in 2022. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 4.1%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, crab and crab meat exports skyrocketed to $31M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Crab and Crab Meat in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 11.1 | 10.7 | 20.5 | 47.4% |
| South Korea | 6.3 | 7.4 | 3.7 | 4.2 | -12.6% |
| Thailand | 9.0 | 5.0 | 2.6 | 4.0 | -23.7% |
| Malaysia | 0.3 | 0.8 | 1.0 | 0.8 | 38.7% |
| United Arab Emirates | 0.3 | 0.8 | 0.5 | 0.4 | 10.1% |
| Indonesia | 1.0 | 0.2 | 0.5 | 0.4 | -26.3% |
| Others | 0.5 | 1.2 | 4.6 | 0.9 | 21.6% |
| Total | 23.9 | 26.5 | 23.5 | 31.2 | 9.3% |
Top Export Markets for Crab and Crab Meat from Pakistan in 2022:
- China (6.3K tons)
- Thailand (1.3K tons)
- South Korea (1.1K tons)
- Malaysia (0.2K tons)
- United Arab Emirates (0.1K tons)
- Indonesia (0.1K tons)
Imports of Crab and Crab Meat in Pakistan
After two years of decline, purchases abroad of crabs and crab meat increased by 0.2% to 2 tons in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, crab and crab meat imports stood at $40K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Crab and Crab Meat in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 11.1 | 20.5 | 39.7 | 39.9 | 53.2% |
| Japan | 3.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 14.7 | 20.5 | 39.8 | 39.9 | 39.5% |
Top Suppliers of Crab and Crab Meat to Pakistan in 2022:
- United Arab Emirates (2.0 tons)
This report provides an in-depth analysis of the market for crab and crab meat in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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
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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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