Singapore - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Crab and Crab Meat in Singapore - 2022
Contents:
- Price for Crab and Crab Meat in Singapore (CIF) - 2022
- Price for Crab and Crab Meat in Singapore (FOB) - 2022
- Imports of Crab and Crab Meat in Singapore
- Exports of Crab and Crab Meat in Singapore
Price for Crab and Crab Meat in Singapore (CIF) - 2022
In September 2022, the average crab and crab meat import price amounted to $20,981 per ton, therefore, remained relatively stable against the previous month. In general, import price indicated a moderate increase from September 2021 to September 2022: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, crab and crab meat import price increased by +11.3% against July 2022 indices. The growth pace was the most rapid in January 2022 when the average import price increased by 60% month-to-month. The import price peaked at $24,152 per ton in March 2022; however, from April 2022 to September 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was South Korea ($52,260 per ton), while the price for Malaysia ($9,975 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crab and Crab Meat in Singapore (FOB) - 2022
The average crab and crab meat export price stood at $74,666 per ton in September 2022, surging by 268% against the previous month. Overall, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In September 2022, the country with the highest price was Qatar ($92,150 per ton), while the average price for exports to Brunei Darussalam ($12,000 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crab and Crab Meat in Singapore
In 2022, the amount of crabs and crab meat imported into Singapore declined to 3.3K tons, shrinking by -7.9% on the previous year. Over the period under review, imports continue to indicate a abrupt downturn. The smallest decline of -6.2% was in 2021.
In value terms, crab and crab meat imports reduced to $47M in 2022. In general, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 4.7% against the previous year.
| Import of Crab and Crab Meat in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.4 | 12.2 | 13.3 | 11.3 | -7.8% |
| Indonesia | 15.5 | 12.7 | 7.7 | 10.1 | -13.3% |
| Malaysia | 2.0 | 2.5 | 5.7 | 5.1 | 36.6% |
| South Korea | 5.8 | 2.7 | 3.2 | 3.3 | -17.1% |
| Papua New Guinea | 3.9 | 3.1 | 3.4 | 2.9 | -9.4% |
| Vietnam | 5.5 | 1.5 | 1.0 | 2.3 | -25.2% |
| Canada | 3.9 | 1.1 | 1.4 | 1.9 | -21.3% |
| Sri Lanka | 2.6 | 2.6 | 3.1 | 1.8 | -11.5% |
| Philippines | 6.9 | 1.7 | 1.4 | 1.2 | -44.2% |
| Pakistan | N/A | 0.2 | 0.4 | 0.3 | 22.5% |
| China | 0.5 | 0.4 | 0.8 | 0.2 | -26.3% |
| Others | 10.8 | 5.9 | 7.4 | 6.9 | -13.9% |
| Total | 71.8 | 46.5 | 48.8 | 47.5 | -12.9% |
Top Suppliers of Crab and Crab Meat to Singapore in 2022:
- Indonesia (938.8 tons)
- India (601.4 tons)
- Malaysia (573.0 tons)
- Papua New Guinea (357.7 tons)
- Sri Lanka (162.0 tons)
- Pakistan (96.9 tons)
- Vietnam (94.5 tons)
- Philippines (81.3 tons)
- Canada (69.1 tons)
- South Korea (67.2 tons)
- China (43.8 tons)
Exports of Crab and Crab Meat in Singapore
In 2022, approx. 370 tons of crabs and crab meat were exported from Singapore; increasing by 7.8% against 2021. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 11%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, crab and crab meat exports expanded rapidly to $3.4M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Crab and Crab Meat in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 509 | 740 | 1,230 | 1,312 | 37.1% |
| Qatar | 336 | 197 | 730 | 779 | 32.4% |
| Australia | 295 | 449 | 247 | 347 | 5.6% |
| Malaysia | 509 | 150 | 52.8 | 256 | -20.5% |
| South Africa | 177 | 70.2 | 131 | 140 | -7.5% |
| Brunei Darussalam | 53.1 | 90.6 | 63.4 | 72.4 | 10.9% |
| United States | 273 | 0.5 | 2.1 | 2.2 | -80.0% |
| New Zealand | 76.9 | N/A | N/A | N/A | 0% |
| Others | 443 | 1,104 | 603 | 458 | 1.1% |
| Total | 2,673 | 2,801 | 3,059 | 3,366 | 8.0% |
Top Export Markets for Crab and Crab Meat from Singapore in 2022:
- China (271.4 tons)
- Australia (29.2 tons)
- Qatar (14.1 tons)
- Malaysia (12.3 tons)
- South Africa (10.7 tons)
- Brunei Darussalam (6.8 tons)
- United States (0.2 tons)
This report provides an in-depth analysis of the market for crab and crab meat in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
473
This report provides an in-depth analysis of the market for crab and crab meat in Singapore.
552
This report provides an in-depth analysis of the frozen crustaceans market in Singapore.
162
This report provides an in-depth analysis of the crabs, not frozen market in Singapore.
240
This report provides an in-depth analysis of the frozen norway lobster market in Singapore.
340
This report provides an in-depth analysis of the market for frozen crab and crab meat in Singapore.
263
This report provides an in-depth analysis of the frozen lobster market in Singapore.
1648
This report provides an in-depth analysis of the global market for crab and crab meat.
1297
This report provides an in-depth analysis of the global frozen crustaceans market.
268
This report provides an in-depth analysis of the global crabs, not frozen market.
327
This report provides an in-depth analysis of the global frozen norway lobster market.
395
Explore the world's best import markets for crab and crab meat, including the United States, China, South Korea, and more. Discover key statistics and market insights.
747
In 2020, the production and export of frozen crab and crab meat declined worldwide; the fall in sales incurred by the closure of the HoReCa segment, however, was offset by the surge in demand from retail consumers. Global imports fell against previous year figures, but demand from the USA, a major importer, remained robust.
282
Explore the top import markets for frozen crustaceans, including the United States, China, and Japan. Find key statistics and insights on the global market for these delectable seafood delicacies.
2254
This year, the average annual shrimp price is forecast to soar by 7% y-o-y to $15 per kg. High freight rates, the rising cost of marine fuels and boosting global demand for crustaceans remain the key reasons for the price increases. In 2021, the average annual shrimp price ($12.7 per kg) was approximately 10% higher than those of 2020.
302
Explore the top import markets for Frozen Crab and Crab Meat, including the United States, Japan, China, and more. Discover key statistics and trends in the global crab meat industry.
1610
In value terms, molluscs imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuati...
1725
In value terms, molluscs exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuatio...
395
Explore the world's best import markets for crab and crab meat, including the United States, China, South Korea, and more. Discover key statistics and market insights.
747
In 2020, the production and export of frozen crab and crab meat declined worldwide; the fall in sales incurred by the closure of the HoReCa segment, however, was offset by the surge in demand from retail consumers. Global imports fell against previous year figures, but demand from the USA, a major importer, remained robust.
282
Explore the top import markets for frozen crustaceans, including the United States, China, and Japan. Find key statistics and insights on the global market for these delectable seafood delicacies.
