Africa: Market for Frozen Crabs And Crabs Meat 2024

Market Size for Frozen Crabs And Crabs Meat in Africa

The African market for frozen crabs and crabs meat dropped modestly to $X in 2023, approximately reflecting the previous year. The total consumption indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Production of Frozen Crabs And Crabs Meat in Africa

In value terms, frozen crab and crab meat production totaled $X in 2023 estimated in export price. The total production indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Exports of Frozen Crabs And Crabs Meat

Exports in Africa

Frozen crab and crab meat exports stood at X tons in 2023, rising by X% compared with the year before. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, frozen crab and crab meat exports rose to $X in 2023. Overall, exports showed a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia was the largest exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Namibia (X tons) and Madagascar (X tons), together comprising a X% share of total exports. The following exporters - Mozambique (X tons) and Senegal (X tons) - together made up X% of total exports.

Tunisia was also the fastest-growing in terms of the frozen crabs and crabs meat exports, with a CAGR of X% from 2012 to 2023. At the same time, Namibia (X%), Madagascar (X%), Senegal (X%) and Mozambique (X%) displayed positive paces of growth. From 2012 to 2023, the share of Tunisia increased by X percentage points.

In value terms, Tunisia ($X), Namibia ($X) and Madagascar ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Among the main exporting countries, Tunisia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Imports of Frozen Crabs And Crabs Meat

Imports in Africa

Frozen crab and crab meat imports declined slightly to X tons in 2023, leveling off at 2022 figures. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, frozen crab and crab meat imports declined to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2023, South Africa (X tons) represented the largest importer of frozen crabs and crabs meat, achieving X% of total imports. Algeria (X tons) ranks second in terms of the total imports with a X% share, followed by Mauritius (X%) and Egypt (X%).

South Africa was also the fastest-growing in terms of the frozen crabs and crabs meat imports, with a CAGR of X% from 2012 to 2023. At the same time, Algeria (X%) displayed positive paces of growth. Mauritius experienced a relatively flat trend pattern. By contrast, Egypt (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Algeria (X p.p.), Egypt (X p.p.) and Mauritius (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported frozen crabs and crabs meat in Africa, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

In South Africa, frozen crab and crab meat imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, reducing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform