Colombia - Prepared Or Preserved Crab Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prepared or Preserved Crab Meat in Colombia - 2022
Contents:
- Price for Prepared or Preserved Crab Meat in Colombia (CIF) - 2022
- Price for Prepared or Preserved Crab Meat in Colombia (FOB) - 2022
- Imports of Prepared or Preserved Crab Meat in Colombia
- Exports of Prepared or Preserved Crab Meat in Colombia
Price for Prepared or Preserved Crab Meat in Colombia (CIF) - 2022
In February 2022, the average import price for prepared or preserved crab meat amounted to $7,349 per ton, increasing by 103% against the previous month. Overall, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 394% against the previous month. As a result, import price attained the peak level of $11,036 per ton. From June 2021 to February 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Japan ($13,811 per ton), while the price for India ($3,535 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Prepared or Preserved Crab Meat in Colombia (FOB) - 2022
The average export price for prepared or preserved crab meat stood at $25,457 per ton in 2022, with a decrease of -11.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $28,895 per ton, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.5% per year.
Imports of Prepared or Preserved Crab Meat in Colombia
In 2022, supplies from abroad of prepared or preserved crab meat decreased by -11.1% to 39 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +46.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 44 tons, and then shrank in the following year.
In value terms, prepared or preserved crab meat imports declined to $288K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year.
| Import of Prepared or Preserved Crab Meat in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 191 | 248 | 326 | 288 | 14.7% |
| Others | 1.9 | 2.8 | N/A | N/A | 47.4% |
| Total | 193 | 251 | 326 | 288 | 14.3% |
Top Suppliers of Prepared or Preserved Crab Meat to Colombia in 2022:
- United States (39.0 tons)
Exports of Prepared or Preserved Crab Meat in Colombia
In 2022, shipments abroad of prepared or preserved crab meat decreased by -8.4% to 312 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 341 tons, and then dropped in the following year.
In value terms, prepared or preserved crab meat exports declined sharply to $7.9M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, the exports attained the peak of $9.8M, and then shrank markedly in the following year.
| Export of Prepared or Preserved Crab Meat in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.0 | 6.0 | 9.8 | 7.9 | 9.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 6.0 | 9.8 | 7.9 | 9.6% |
Top Export Markets for Prepared or Preserved Crab Meat from Colombia in 2022:
- United States (312.1 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Colombia.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
254
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Colombia.
501
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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