ASEAN: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in ASEAN

After three years of decline, the ASEAN market for prepared or preserved crab meat increased by X% to $X in 2022. In general, consumption, however, showed a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in ASEAN

In value terms, prepared or preserved crab meat production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports in ASEAN

After two years of growth, overseas shipments of prepared or preserved crab meat decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, prepared or preserved crab meat exports surged to $X in 2022. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

Indonesia was the largest exporter of prepared or preserved crab meat in ASEAN, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Vietnam (X tons) and the Philippines (X tons), together creating a X% share of total exports. The following exporters - Thailand (X tons) and Malaysia (X tons) - together made up X% of total exports.

Indonesia was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) and Malaysia (X%) displayed positive paces of growth. By contrast, Vietnam (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Vietnam (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest prepared or preserved crab meat supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and the Philippines (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price saw a strong expansion. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports in ASEAN

In 2022, supplies from abroad of prepared or preserved crab meat increased by X% to X tons, rising for the second consecutive year after six years of decline. Overall, imports, however, showed a slight descent. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, prepared or preserved crab meat imports skyrocketed to $X in 2022. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of prepared or preserved crab meat imports in 2022 were Singapore (X tons), the Philippines (X tons), Brunei Darussalam (X tons) and Thailand (X tons), together recording X% of total import. It was distantly followed by Malaysia (X tons) and Indonesia (X tons), together constituting a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Singapore ($X) constitutes the largest market for imported prepared or preserved crab meat in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In Singapore, prepared or preserved crab meat imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, rising by X% against the previous year. Overall, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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