Japan - 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 Japan - 2023
Contents:
- Price for Frozen Crab and Crab Meat in Japan (CIF) - 2023
- Price for Frozen Crab and Crab Meat in Japan (FOB) - 2023
- Imports of Frozen Crab and Crab Meat in Japan
- Exports of Frozen Crab and Crab Meat in Japan
Price for Frozen Crab and Crab Meat in Japan (CIF) - 2023
The average import price for frozen crabs and crabs meat stood at $14,290 per ton in July 2023, remaining relatively unchanged against the previous month. In general, the import price, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in February 2023 an increase of 23% month-to-month. Over the period under review, average import prices reached the peak figure at $22,823 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($18,366 per ton), while the price for Bahrain ($4,701 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Crab and Crab Meat in Japan (FOB) - 2023
The average export price for frozen crabs and crabs meat stood at $15,417 per ton in July 2023, picking up by 8.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 140% against the previous month. As a result, the export price attained the peak level of $36,774 per ton. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($60,769 per ton), while the average price for exports to Taiwan (Chinese) ($4,947 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Crab and Crab Meat in Japan
Frozen crab and crab meat imports into Japan expanded remarkably to 21K tons in 2022, growing by 7.4% compared with the year before. Overall, imports, however, recorded a drastic downturn.
In value terms, frozen crab and crab meat imports contracted modestly to $544M in 2022. In general, imports, however, recorded a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year.
| Import of Frozen Crab and Crab Meat in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 337 | 253 | 297 | 348 | 1.1% |
| Canada | 130 | 80.9 | 139 | 127 | -0.8% |
| United States | 58.4 | 49.1 | 78.8 | 29.5 | -20.4% |
| Norway | 17.4 | 13.9 | 24.3 | 20.3 | 5.3% |
| Bahrain | 5.5 | 5.6 | 4.9 | 4.9 | -3.8% |
| China | 4.1 | 4.9 | 4.4 | 3.3 | -7.0% |
| South Korea | 4.3 | 4.0 | 3.3 | 2.9 | -12.3% |
| Others | 14.1 | 5.4 | 5.8 | 8.0 | -17.2% |
| Total | 571 | 417 | 557 | 544 | -1.6% |
Top Suppliers of Frozen Crab and Crab Meat to Japan in 2022:
- Russia (13.1K tons)
- Canada (3.8K tons)
- Bahrain (1.0K tons)
- United States (0.9K tons)
- Norway (0.8K tons)
- China (0.6K tons)
- South Korea (0.4K tons)
Exports of Frozen Crab and Crab Meat in Japan
In 2022, after two years of decline, there was significant growth in overseas shipments of frozen crabs and crabs meat, when their volume increased by 49% to 1.1K tons. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen crab and crab meat exports skyrocketed to $16M in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, 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 Frozen Crab and Crab Meat in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 7.0 | 4.8 | 3.9 | 5.7 | -6.6% |
| United States | 1.1 | 1.8 | 1.8 | 2.6 | 33.2% |
| Hong Kong SAR | 0.9 | 1.9 | 1.6 | 1.8 | 26.0% |
| Indonesia | 0.5 | 0.2 | 0.5 | 1.5 | 44.2% |
| Thailand | 1.0 | 0.7 | 0.4 | 0.8 | -7.2% |
| China | 0.9 | 0.3 | 0.5 | 0.7 | -8.0% |
| Taiwan (Chinese) | 0.7 | 1.7 | 1.5 | 0.6 | -5.0% |
| Saudi Arabia | 0.1 | N/A | 0.2 | 0.5 | 71.0% |
| Myanmar | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Others | 0.9 | 0.6 | 0.8 | 1.6 | 21.1% |
| Total | 13.6 | 12.2 | 11.3 | 15.9 | 5.3% |
Top Export Markets for Frozen Crab and Crab Meat from Japan in 2022:
- Namibia (604.0 tons)
- Indonesia (179.5 tons)
- United States (85.8 tons)
- Hong Kong SAR (68.8 tons)
- Saudi Arabia (36.0 tons)
- China (32.2 tons)
- Thailand (22.9 tons)
- Taiwan (Chinese) (17.2 tons)
This report provides an in-depth analysis of the market for frozen crab and crab meat in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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