Singapore - Prepared Or Preserved Crab Meat - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Singapore - Prepared Or Preserved Crab Meat - Market Analysis, Forecast, Size, Trends And Insights

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Price for Prepared or Preserved Crab Meat in Singapore - 2022

Contents:

  1. Price for Prepared or Preserved Crab Meat in Singapore (CIF) - 2022
  2. Price for Prepared or Preserved Crab Meat in Singapore (FOB) - 2022
  3. Imports of Prepared or Preserved Crab Meat in Singapore
  4. Exports of Prepared or Preserved Crab Meat in Singapore

Price for Prepared or Preserved Crab Meat in Singapore (CIF) - 2022

The average import price for prepared or preserved crab meat stood at $29,189 per ton in September 2022, growing by 23% against the previous month. Overall, import price indicated a perceptible expansion from September 2021 to September 2022: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, prepared or preserved crab meat import price increased by +22.7% against August 2022 indices. The pace of growth was the most pronounced in March 2022 when the average import price increased by 172% m-o-m. As a result, import price reached the peak level of $30,434 per ton. From April 2022 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Indonesia ($49,396 per ton), while the price for Vietnam ($4,951 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Prepared or Preserved Crab Meat in Singapore (FOB) - 2022

In 2022, the average export price for prepared or preserved crab meat amounted to $8,463 per ton, with an increase of 3.6% against the previous year. Over the period under review, the export price showed a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 83% against the previous year. The export price peaked at $13,182 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($30,964 per ton), while the average price for exports to Egypt ($1,154 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 Mauritius (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared or Preserved Crab Meat in Singapore

In 2022, the amount of prepared or preserved crab meat imported into Singapore surged to 837 tons, growing by 52% compared with 2021. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +81.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared or preserved crab meat imports skyrocketed to $20M in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Prepared or Preserved Crab Meat in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.51.32.86.522.9%
Indonesia3.40.92.35.416.7%
Thailand1.30.60.51.811.5%
Japan0.70.71.01.116.3%
Philippines0.20.20.31.071.0%
Malaysia0.30.30.30.838.7%
Canada1.00.60.50.7-11.2%
Vietnam0.10.20.20.571.0%
Others0.90.50.61.723.6%
Total11.35.38.619.620.2%

Top Suppliers of Prepared or Preserved Crab Meat to Singapore in 2022:

  1. China (196.6 tons)
  2. Thailand (143.0 tons)
  3. Indonesia (122.0 tons)
  4. Malaysia (107.9 tons)
  5. Vietnam (89.2 tons)
  6. Japan (72.8 tons)
  7. Philippines (32.6 tons)
  8. Canada (18.3 tons)

Exports of Prepared or Preserved Crab Meat in Singapore

Prepared or preserved crab meat exports from Singapore reduced sharply to 25 tons in 2022, waning by -16.1% compared with the year before. Over the period under review, exports faced a dramatic descent.

In value terms, prepared or preserved crab meat exports dropped to $208K in 2022. In general, exports faced a significant contraction.

Export of Prepared or Preserved Crab Meat in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam529396154125-38.2%
Egypt94.861.820.914.8-46.2%
Indonesia21015.612.214.0-59.5%
Malaysia10733.39.411.6-52.3%
Qatar59.242.82.17.8-49.1%
Brunei Darussalam18.18.35.64.2-38.5%
Philippines19039.32.21.8-78.8%
Australia32.011.92.30.4-76.8%
Myanmar23.59.00.80.3-76.6%
Others18611129.327.6-47.1%
Total1,449729239208-47.6%

Top Export Markets for Prepared or Preserved Crab Meat from Singapore in 2022:

  1. Australia (undefined tons)
  2. Egypt (12.8 tons)
  3. Vietnam (4.0 tons)
  4. Malaysia (2.9 tons)
  5. Indonesia (0.9 tons)
  6. Brunei Darussalam (0.6 tons)
  7. Qatar (0.4 tons)
  8. Philippines (0.4 tons)
  9. Myanmar (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for prepared or preserved crab meat in Singapore. 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:

    • Singapore

    Data coverage:

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