United Kingdom - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in the UK - 2023
Contents:
- Price for Crab and Crab Meat in the UK (FOB) - 2023
- Price for Crab and Crab Meat in the UK (CIF) - 2023
- Exports of Crab and Crab Meat in the UK
- Imports of Crab and Crab Meat in the UK
Price for Crab and Crab Meat in the UK (FOB) - 2023
The average crab and crab meat export price stood at $6,522 per ton in August 2023, declining by -8.3% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 29% m-o-m. The export price peaked at $10,860 per ton in February 2023; however, from March 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was China ($8,523 per ton), while the average price for exports to Ireland ($4,754 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Crab and Crab Meat in the UK (CIF) - 2023
The average crab and crab meat import price stood at $6,284 per ton in August 2023, shrinking by -25.7% against the previous month. Overall, the import price showed a perceptible descent. The most prominent rate of growth was recorded in November 2022 an increase of 105% month-to-month. The import price peaked at $12,712 per ton in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Bangladesh ($17,908 per ton), while the price for Ireland ($3,027 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Crab and Crab Meat in the UK
In 2022, crab and crab meat exports from the UK dropped slightly to 10K tons, therefore, remained relatively stable against 2021 figures. In general, exports faced a abrupt descent.
In value terms, crab and crab meat exports declined slightly to $76M in 2022. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 0.7%.
| Export of Crab and Crab Meat in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 35.1 | 29.6 | 30.1 | 35.1 | 0.0% |
| Portugal | 9.4 | 5.6 | 13.0 | 9.7 | 1.1% |
| Spain | 27.7 | 21.8 | 7.3 | 8.9 | -31.5% |
| China | 39.0 | 7.9 | 10.5 | 5.8 | -47.0% |
| Ireland | 3.7 | 1.4 | 5.1 | 5.6 | 14.8% |
| Taiwan (Chinese) | 0.8 | 1.2 | 2.3 | 2.2 | 40.1% |
| Hong Kong SAR | 1.2 | 0.8 | 2.0 | 1.5 | 7.7% |
| Italy | 1.7 | 1.0 | 1.2 | 1.1 | -13.5% |
| Netherlands | 2.0 | 4.0 | 0.1 | N/A | -77.6% |
| Others | 3.9 | 3.1 | 5.4 | 5.9 | 14.8% |
| Total | 125 | 76.4 | 77.0 | 75.7 | -15.4% |
Top Export Markets for Crab and Crab Meat from the UK in 2022:
- Netherlands (undefinedK tons)
- France (4.7K tons)
- Portugal (1.5K tons)
- Spain (1.2K tons)
- Ireland (1.0K tons)
- China (0.5K tons)
- Italy (0.2K tons)
- Taiwan (Chinese) (0.2K tons)
- Hong Kong SAR (0.2K tons)
Imports of Crab and Crab Meat in the UK
In 2022, overseas purchases of crabs and crab meat were finally on the rise to reach 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt decrease.
In value terms, crab and crab meat imports rose significantly to $15M in 2022. In general, imports, however, saw a abrupt decline.
| Import of Crab and Crab Meat in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1.1 | 0.4 | 1.4 | 2.3 | 27.9% |
| Canada | 0.6 | 0.6 | 0.7 | 2.0 | 49.4% |
| Sri Lanka | 1.9 | 1.8 | 2.4 | 1.9 | 0.0% |
| Myanmar | 0.1 | 0.1 | 0.7 | 1.7 | 157.1% |
| Bangladesh | 2.1 | 0.5 | 1.4 | 1.6 | -8.7% |
| Ireland | 4.1 | 1.5 | 1.0 | 1.5 | -28.5% |
| China | 0.5 | 0.8 | 1.1 | 0.7 | 11.9% |
| Denmark | 7.1 | 8.5 | 1.2 | 0.5 | -58.7% |
| Indonesia | 1.5 | 0.5 | 0.4 | 0.4 | -35.6% |
| Vietnam | 1.0 | 0.3 | 0.7 | 0.3 | -33.1% |
| India | 0.5 | 0.3 | 0.2 | 0.2 | -26.3% |
| Others | 4.4 | 3.1 | 2.4 | 2.4 | -18.3% |
| Total | 24.8 | 18.3 | 13.8 | 15.5 | -14.5% |
Top Suppliers of Crab and Crab Meat to the UK in 2022:
- Ireland (353.6 tons)
- Sri Lanka (221.6 tons)
- Myanmar (184.5 tons)
- China (157.8 tons)
- Norway (99.3 tons)
- Bangladesh (86.3 tons)
- Canada (77.5 tons)
- Denmark (57.3 tons)
- India (28.1 tons)
- Indonesia (21.8 tons)
- Vietnam (21.8 tons)
This report provides an in-depth analysis of the market for crab and crab meat in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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