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

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

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Price for Frozen Crab and Crab Meat in Spain - 2023

Contents:

  1. Price for Frozen Crab and Crab Meat in Spain (CIF) - 2023
  2. Price for Frozen Crab and Crab Meat in Spain (FOB) - 2022
  3. Imports of Frozen Crab and Crab Meat in Spain
  4. Exports of Frozen Crab and Crab Meat in Spain

Price for Frozen Crab and Crab Meat in Spain (CIF) - 2023

The average import price for frozen crabs and crabs meat stood at $5,216 per ton in June 2023, dropping by -34.6% against the previous month. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 25% against the previous month. Over the period under review, average import prices reached the maximum at $9,501 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($25,620 per ton), while the price for Italy ($1,955 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 the UK (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for frozen crabs and crabs meat stood at $11,283 per ton in 2022, with a decrease of -11.5% against the previous year. In general, the export price, however, saw a resilient increase. The growth pace was the most rapid in 2015 an increase of 43%. Over the period under review, the average export prices hit record highs at $12,743 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($16,755 per ton), while the average price for exports to Norway ($3,740 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 Greece (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Crab and Crab Meat in Spain

In 2022, supplies from abroad of frozen crabs and crabs meat was finally on the rise to reach 3.4K tons after two years of decline. Over the period under review, imports, however, faced a abrupt setback.

In value terms, frozen crab and crab meat imports skyrocketed to $31M in 2022. Overall, imports, however, continue to indicate a abrupt slump.

Import of Frozen Crab and Crab Meat in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland8.05.16.67.6-1.7%
Portugal5.85.35.67.06.5%
Denmark2.72.22.02.5-2.5%
France0.90.83.32.438.7%
Mauritania3.01.40.91.7-17.2%
Senegal0.70.71.41.734.4%
Germany1.31.31.41.79.4%
Netherlands0.10.60.71.0115.4%
Uruguay2.90.40.61.0-29.9%
Italy0.80.30.60.80.0%
Morocco0.10.30.50.791.3%
Tunisia0.30.10.30.518.6%
United Kingdom8.87.00.20.5-61.6%
Others14.71.32.51.8-50.3%
Total50.026.826.530.8-14.9%

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

  1. Portugal (776.6 tons)
  2. Ireland (749.6 tons)
  3. France (353.6 tons)
  4. Senegal (343.8 tons)
  5. Italy (232.1 tons)
  6. Mauritania (190.1 tons)
  7. Denmark (145.3 tons)
  8. Tunisia (135.0 tons)
  9. Germany (91.2 tons)
  10. Uruguay (72.8 tons)
  11. Morocco (60.4 tons)
  12. Netherlands (54.2 tons)
  13. United Kingdom (50.3 tons)

Exports of Frozen Crab and Crab Meat in Spain

In 2022, approx. 912 tons of frozen crabs and crabs meat were exported from Spain; rising by 66% compared with the year before. In general, exports enjoyed a resilient expansion. 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 surged to $10M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Crab and Crab Meat in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,3261,2801,7203,76041.5%
Portugal1,5261,1092,0222,66520.4%
Italy6693678281,19921.5%
Greece69.010.9241552100.0%
United Kingdom549285163227-25.5%
Dominican Republic15814.634.72038.7%
Netherlands52.262.821111128.6%
NorwayN/AN/A20282.8-59.0%
Belgium12815571.135.8-34.6%
United States10813936.213.4-50.1%
Ireland343N/A0.2N/A-97.6%
Others3871,5541,4931,44555.1%
Total5,3164,9767,02110,29424.6%

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

  1. France (435.9 tons)
  2. Portugal (159.1 tons)
  3. Italy (80.1 tons)
  4. Greece (48.4 tons)
  5. United Kingdom (33.0 tons)
  6. Netherlands (26.6 tons)
  7. Norway (22.1 tons)
  8. Dominican Republic (16.9 tons)
  9. United States (5.0 tons)
  10. Belgium (2.2 tons)

Source: IndexBox Market Intelligence Platform

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

    • Spain

    Data coverage:

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