Vietnam - 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 Vietnam - 2021
Contents:
- Price for Prepared or Preserved Crab Meat in Vietnam (FOB) - 2022
- Price for Prepared or Preserved Crab Meat in Vietnam (CIF) - 2022
- Exports of Prepared or Preserved Crab Meat in Vietnam
- Imports of Prepared or Preserved Crab Meat in Vietnam
Price for Prepared or Preserved Crab Meat in Vietnam (FOB) - 2022
In 2022, the average export price for prepared or preserved crab meat amounted to $17,400 per ton, declining by -5% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared or preserved crab meat export price decreased by -17.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46%. As a result, the export price attained the peak level of $21,014 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($18,698 per ton), while the average price for exports to Canada ($7,353 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 Australia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Prepared or Preserved Crab Meat in Vietnam (CIF) - 2022
In 2022, the average import price for prepared or preserved crab meat amounted to $16,274 per ton, growing by 18% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prepared or preserved crab meat import price increased by +86.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 58%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
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 Hong Kong SAR ($24,201 per ton), while the price for Malaysia ($898 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Prepared or Preserved Crab Meat in Vietnam
In 2022, after three years of growth, there was significant decline in overseas shipments of prepared or preserved crab meat, when their volume decreased by -15.5% to 4.5K tons. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of 5.3K tons, and then shrank dramatically in the following year.
In value terms, prepared or preserved crab meat exports dropped notably to $78M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 65%. As a result, the exports attained the peak of $98M, and then shrank significantly in the following year.
Export of Prepared or Preserved Crab Meat in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 44.3 | 32.5 | 61.4 | 50.5 | 4.5% |
Japan | 5.4 | 8.5 | 19.6 | 14.1 | 37.7% |
France | 6.6 | 7.7 | 4.3 | 4.4 | -12.6% |
United Kingdom | 2.5 | 4.1 | 3.5 | 2.5 | 0.0% |
Australia | 0.6 | 0.7 | 0.8 | 1.8 | 44.2% |
Canada | 2.0 | 1.5 | 1.8 | 0.7 | -29.5% |
Others | 4.7 | 4.2 | 6.3 | 4.3 | -2.9% |
Total | 65.9 | 59.1 | 97.6 | 78.4 | 6.0% |
Top Export Markets for Prepared or Preserved Crab Meat from Vietnam in 2022:
- United States (2733.3 tons)
- Japan (754.9 tons)
- France (275.9 tons)
- United Kingdom (221.6 tons)
- Australia (117.8 tons)
- Canada (94.7 tons)
Imports of Prepared or Preserved Crab Meat in Vietnam
In 2022, overseas purchases of prepared or preserved crab meat decreased by -45.6% to 36 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 122%. As a result, imports reached the peak of 66 tons, and then shrank sharply in the following year.
In value terms, prepared or preserved crab meat imports reduced sharply to $589K in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 251% against the previous year. As a result, imports reached the peak of $916K, and then shrank rapidly in the following year.
Import of Prepared or Preserved Crab Meat in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 282 | 233 | 827 | 536 | 23.9% |
Singapore | 9.1 | 6.9 | 22.4 | 13.3 | 13.5% |
United States | 10.3 | 5.6 | 12.0 | 6.5 | -14.2% |
Pakistan | 3.4 | 2.8 | 9.8 | 6.4 | 23.5% |
Canada | 6.7 | 4.0 | 8.9 | 6.2 | -2.6% |
United Kingdom | 0.3 | 1.2 | 6.3 | 3.4 | 124.6% |
Philippines | 0.5 | 0.6 | 3.5 | 2.1 | 61.3% |
Malaysia | 1.2 | 0.4 | 2.6 | 1.4 | 5.3% |
Others | 8.6 | 6.7 | 22.9 | 13.2 | 15.4% |
Total | 322 | 261 | 916 | 589 | 22.3% |
Top Suppliers of Prepared or Preserved Crab Meat to Vietnam in 2022:
- Hong Kong SAR (22.1 tons)
- Pakistan (5.1 tons)
- Malaysia (1.6 tons)
- United Kingdom (1.3 tons)
- Canada (1.1 tons)
- United States (1.1 tons)
- Singapore (1.0 tons)
- Philippines (0.9 tons)
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Vietnam.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Vietnam.
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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