Brazil: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Brazil

The Brazilian market for prepared or preserved crab meat dropped sharply to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a sharp decrease. The growth pace was the most rapid in 2021 with a decrease of X%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Prepared Or Preserved Crab Meat in Brazil

In value terms, prepared or preserved crab meat production dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports from Brazil

In 2022, exports of prepared or preserved crab meat from Brazil skyrocketed to X tons, surging by X% compared with the year before. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, prepared or preserved crab meat exports reduced slightly to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Marshall Islands (X tons) was the main destination for prepared or preserved crab meat exports from Brazil, with a X% share of total exports. Moreover, prepared or preserved crab meat exports to Marshall Islands exceeded the volume sent to the second major destination, Panama (X kg), fivefold. The third position in this ranking was held by Singapore (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Marshall Islands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Singapore (X% per year).

In value terms, Marshall Islands ($X) emerged as the key foreign market for prepared or preserved crab meat exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Greece ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Marshall Islands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X.7% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average export price for prepared or preserved crab meat amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price faced a dramatic curtailment. The pace of growth appeared the most rapid in 2019 when the average export price decreased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Panama ($X 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 Greece (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Or Preserved Crab Meat

Imports into Brazil

In 2022, prepared or preserved crab meat imports into Brazil dropped sharply to X kg, with a decrease of X% on the previous year. In general, imports saw a precipitous curtailment. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, prepared or preserved crab meat imports fell significantly to $X in 2022. Overall, imports recorded a sharp downturn. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X kg) constituted the largest supplier of prepared or preserved crab meat to Brazil, with a X% share of total imports. Moreover, prepared or preserved crab meat imports from Chile exceeded the figures recorded by the second-largest supplier, Thailand (X kg), fourfold. The third position in this ranking was taken by the United States (X kg), with a X% share.

From 2014 to 2022, the average annual growth rate of volume from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the United States (X% per year).

In value terms, Chile ($X) constituted the largest supplier of prepared or preserved crab meat to Brazil, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2014 to 2022, the average annual growth rate of value from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Thailand (X% per year).

Import Prices by Country

The average import price for prepared or preserved crab meat stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :