Thailand - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in Thailand - 2023
Contents:
- Price for Crab and Crab Meat in Thailand (CIF) - 2022
- Price for Crab and Crab Meat in Thailand (FOB) - 2022
- Imports of Crab and Crab Meat in Thailand
- Exports of Crab and Crab Meat in Thailand
Price for Crab and Crab Meat in Thailand (CIF) - 2022
The average crab and crab meat import price stood at $3,078 per ton in 2022, dropping by -5.2% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 8.1%. As a result, import price attained the peak level of $4,245 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($36,761 per ton), while the price for Cambodia ($926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crab and Crab Meat in Thailand (FOB) - 2022
The average crab and crab meat export price stood at $6,528 per ton in 2022, which is down by -13.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 25%. Over the period under review, the average export prices attained the maximum at $9,319 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($20,395 per ton), while the average price for exports to Japan ($3,657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Crab and Crab Meat in Thailand
In 2022, purchases abroad of crabs and crab meat was finally on the rise to reach 25K tons after two years of decline. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, crab and crab meat imports surged to $77M in 2022. In general, imports, however, showed a noticeable shrinkage.
| Import of Crab and Crab Meat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 0.7 | 3.8 | 8.3 | 15.1 | 178.4% |
| Bahrain | 28.0 | 15.4 | 8.1 | 14.6 | -19.5% |
| Myanmar | 10.8 | 13.1 | 19.2 | 13.9 | 8.8% |
| Tunisia | 2.8 | 3.2 | 2.9 | 10.2 | 53.9% |
| Pakistan | 10.8 | 5.2 | 3.0 | 3.4 | -32.0% |
| India | 3.2 | 2.6 | 1.2 | 1.6 | -20.6% |
| Cambodia | 1.1 | 0.8 | 0.7 | 0.9 | -6.5% |
| Others | 25.3 | 18.2 | 18.1 | 16.9 | -12.6% |
| Total | 82.8 | 62.2 | 61.4 | 76.6 | -2.6% |
Top Suppliers of Crab and Crab Meat to Thailand in 2022:
- Myanmar (6.7K tons)
- Bahrain (5.9K tons)
- Tunisia (5.0K tons)
- Bangladesh (2.7K tons)
- Pakistan (2.1K tons)
- Cambodia (0.9K tons)
- India (0.4K tons)
Exports of Crab and Crab Meat in Thailand
In 2022, shipments abroad of crabs and crab meat decreased by -1.8% to 5.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, the exports attained the peak of 5.8K tons, and then dropped modestly in the following year.
In value terms, crab and crab meat exports reduced to $37M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. As a result, the exports attained the peak of $44M, and then dropped in the following year.
| Export of Crab and Crab Meat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.6 | 10.6 | 25.5 | 24.9 | 48.5% |
| United States | 3.9 | 4.3 | 7.9 | 3.3 | -5.4% |
| Taiwan (Chinese) | 2.6 | 3.3 | 1.3 | 2.0 | -8.4% |
| Canada | 1.0 | 1.3 | 1.5 | 1.4 | 11.9% |
| Australia | 3.3 | 1.8 | 1.7 | 1.4 | -24.9% |
| Hong Kong SAR | 1.3 | 1.1 | 1.4 | 1.2 | -2.6% |
| South Korea | 1.2 | 1.2 | 1.4 | 1.0 | -5.9% |
| Japan | 0.7 | 0.9 | 0.5 | 0.2 | -34.1% |
| Others | 5.2 | 4.0 | 2.8 | 1.9 | -28.5% |
| Total | 26.8 | 28.4 | 43.9 | 37.4 | 11.7% |
Top Export Markets for Crab and Crab Meat from Thailand in 2022:
- China (4536.1 tons)
- Taiwan (Chinese) (309.1 tons)
- United States (162.6 tons)
- Australia (135.1 tons)
- Hong Kong SAR (110.7 tons)
- Canada (103.0 tons)
- South Korea (98.3 tons)
- Japan (60.0 tons)
This report provides an in-depth analysis of the market for crab and crab meat in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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