Denmark - Frozen Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Crab and Crab Meat in Denmark - 2023
Contents:
- Price for Frozen Crab and Crab Meat in Denmark (FOB) - 2023
- Price for Frozen Crab and Crab Meat in Denmark (CIF) - 2023
- Exports of Frozen Crab and Crab Meat in Denmark
- Imports of Frozen Crab and Crab Meat in Denmark
Price for Frozen Crab and Crab Meat in Denmark (FOB) - 2023
In June 2023, the average export price for frozen crabs and crabs meat amounted to $12,079 per ton, waning by -22.7% against the previous month. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 14% against the previous month. The export price peaked at $23,167 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Netherlands ($32,920 per ton), while the average price for exports to Japan ($7,956 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Frozen Crab and Crab Meat in Denmark (CIF) - 2023
The average import price for frozen crabs and crabs meat stood at $16,480 per ton in June 2023, with an increase of 16% against the previous month. Overall, the import price, however, showed a perceptible descent. The growth pace was the most rapid in March 2023 an increase of 129% month-to-month. As a result, import price reached the peak level of $33,526 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Norway ($71,481 per ton), while the price for Greenland ($12,844 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Frozen Crab and Crab Meat in Denmark
For the third year in a row, Denmark recorded decline in overseas shipments of frozen crabs and crabs meat, which decreased by -12.9% to 1.7K tons in 2022. In general, exports saw a abrupt contraction.
In value terms, frozen crab and crab meat exports dropped dramatically to $37M in 2022. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $50M, and then reduced remarkably in the following year.
| Export of Frozen Crab and Crab Meat in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.6 | 22.1 | 22.5 | 8.5 | -31.6% |
| France | 4.0 | 4.8 | 7.4 | 7.1 | 21.1% |
| Spain | 3.5 | 2.8 | 2.8 | 5.3 | 14.8% |
| China | 3.7 | 0.8 | 2.1 | 4.4 | 5.9% |
| Italy | 2.1 | 2.0 | 2.9 | 2.6 | 7.4% |
| Japan | 2.5 | 0.8 | 0.7 | 1.3 | -19.6% |
| Vietnam | 4.6 | 2.2 | 0.3 | 1.1 | -37.9% |
| Others | 3.2 | 7.5 | 11.7 | 7.1 | 30.4% |
| Total | 50.3 | 42.9 | 50.4 | 37.3 | -9.5% |
Top Export Markets for Frozen Crab and Crab Meat from Denmark in 2022:
- United States (452.4 tons)
- France (384.5 tons)
- China (236.3 tons)
- Spain (235.9 tons)
- Italy (92.5 tons)
- Vietnam (62.2 tons)
- Japan (51.5 tons)
Imports of Frozen Crab and Crab Meat in Denmark
In 2022, approx. 2.3K tons of frozen crabs and crabs meat were imported into Denmark; growing by 7.2% compared with the previous year's figure. In general, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 18%.
In value terms, frozen crab and crab meat imports rose notably to $54M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Frozen Crab and Crab Meat in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 25.1 | 25.8 | 36.2 | 37.9 | 14.7% |
| Norway | 13.2 | 3.1 | 6.8 | 9.9 | -9.1% |
| Canada | N/A | N/A | N/A | 1.4 | 0% |
| Others | 1.5 | 4.6 | 7.1 | 4.4 | 43.1% |
| Total | 39.8 | 33.5 | 50.1 | 53.7 | 10.5% |
Top Suppliers of Frozen Crab and Crab Meat to Denmark in 2022:
- Greenland (1794.2 tons)
- Norway (244.9 tons)
- Canada (81.0 tons)
This report provides an in-depth analysis of the market for frozen crab and crab meat in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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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