Luxembourg - Frozen Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Luxembourg - Frozen Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights

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Price for Frozen Crab and Crab Meat in Luxembourg - 2023

Contents:

  1. Price for Frozen Crab and Crab Meat in Luxembourg (CIF) - 2022
  2. Price for Frozen Crab and Crab Meat in Luxembourg (FOB) - 2022
  3. Imports of Frozen Crab and Crab Meat in Luxembourg
  4. Exports of Frozen Crab and Crab Meat in Luxembourg

Price for Frozen Crab and Crab Meat in Luxembourg (CIF) - 2022

In 2022, the average import price for frozen crabs and crabs meat amounted to $21,572 per ton, rising by 27% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($41,682 per ton), while the price for Portugal ($7,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Crab and Crab Meat in Luxembourg (FOB) - 2022

The average export price for frozen crabs and crabs meat stood at $48,111 per ton in 2022, surging by 18% against the previous year. Over the period under review, the export price posted a pronounced expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 45%. Over the period under review, the average export prices reached the peak figure at $64,196 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($90,005 per ton), while the average price for exports to the UK ($7,831 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 Azerbaijan (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Crab and Crab Meat in Luxembourg

Frozen crab and crab meat imports into Luxembourg fell significantly to 12 tons in 2022, which is down by -28.7% on the year before. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year.

In value terms, frozen crab and crab meat imports contracted to $269K in 2022. Over the period under review, imports faced a abrupt decline. The smallest decline of -6.2% was in 2021.

Import of Frozen Crab and Crab Meat in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10314313715614.8%
SpainN/AN/AN/A35.80%
Germany11.613.124.326.832.2%
Belgium40.854.587.924.6-15.5%
Portugal8.124.129.820.536.3%
Netherlands15.03.61.14.9-31.1%
Norway59.2N/AN/AN/A0%
Vietnam101N/AN/AN/A0%
United Kingdom79.713.8N/AN/A-82.7%
Others42.765.017.9N/A-35.3%
Total462317298269-16.5%

Top Suppliers of Frozen Crab and Crab Meat to Luxembourg in 2022:

  1. France (5.0 tons)
  2. Portugal (2.6 tons)
  3. Belgium (2.0 tons)
  4. Germany (1.3 tons)
  5. Spain (0.9 tons)
  6. Netherlands (0.6 tons)

Exports of Frozen Crab and Crab Meat in Luxembourg

In 2022, the amount of frozen crabs and crabs meat exported from Luxembourg declined dramatically to 225 kg, which is down by -53.9% against the previous year's figure. In general, exports saw a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year.

In value terms, frozen crab and crab meat exports reduced dramatically to $11K in 2022. Overall, exports recorded a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 6.4% against the previous year.

Export of Frozen Crab and Crab Meat in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.88.34.94.8-11.0%
Azerbaijan21.36.46.43.0-48.0%
Germany2.31.91.41.5-13.3%
France6.92.14.01.1-45.8%
United KingdomN/AN/A1.60.5-68.8%
Others0.3N/A1.5N/A123.6%
Total37.618.719.910.8-34.0%

Top Export Markets for Frozen Crab and Crab Meat from Luxembourg in 2022:

  1. Belgium (83.0 kg)
  2. United Kingdom (60.0 kg)
  3. Azerbaijan (33.0 kg)
  4. France (25.0 kg)
  5. Germany (24.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen crab and crab meat in Luxembourg. 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:

    • Luxembourg

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Luxembourg
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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