Denmark: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Denmark

The Danish crabs, not frozen market was estimated at less than $X in 2022, approximately mirroring the previous year. In general, consumption, however, saw significant growth. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Crabs, Not Frozen Production in Denmark

In value terms, crabs, not frozen production amounted to less than $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 3.4% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Crabs, Not Frozen Exports

Exports from Denmark

In 2016, overseas shipments of crabs, not frozen decreased by -16.9% to X tons for the first time since 2013, thus ending a two-year rising trend. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by 24% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, crabs, not frozen exports reduced rapidly to $X in 2016. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 39%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Italy (X tons), Germany (X tons) and the UK (X tons) were the main destinations of crabs, not frozen exports from Denmark, with a combined 67% share of total exports. Sweden, Spain, the Netherlands, Bulgaria, France and Belgium lagged somewhat behind, together comprising a further 30%.

From 2012 to 2016, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +66.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and the UK ($X) were the largest markets for crabs, not frozen exported from Denmark worldwide, together comprising 57% of total exports. Spain, Italy, the Netherlands, Bulgaria, Belgium and France lagged somewhat behind, together comprising a further 37%.

Bulgaria, with a CAGR of +62.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2016, the average crabs, not frozen export price amounted to $X per ton, waning by -14.9% against the previous year. Over the last four-year period, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2015 when the average export price increased by 28%. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Crabs, Not Frozen Imports

Imports into Denmark

In 2016, approx. X tons of crabs, not frozen were imported into Denmark; jumping by 37% compared with 2015. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2014 with an increase of 143% against the previous year. Over the period under review, imports reached the maximum in 2016 and are likely to continue growth in the immediate term.

In value terms, crabs, not frozen imports soared to $X in 2016. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 102%. Imports peaked in 2016 and are expected to retain growth in the immediate term.

Imports by Country

Sweden (X tons), the Netherlands (X tons) and Norway (X tons) were the main suppliers of crabs, not frozen imports to Denmark, with a combined 86% share of total imports.

From 2012 to 2016, the biggest increases were recorded for the Netherlands (with a CAGR of +313.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of crabs, not frozen to Denmark, comprising 54% of total imports. The second position in the ranking was taken by Norway ($X), with a 21% share of total imports. It was followed by Sweden, with a 14% share.

From 2012 to 2016, the average annual growth rate of value from the Netherlands amounted to +515.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+211.0% per year) and Sweden (+64.4% per year).

Import Prices by Country

In 2016, the average crabs, not frozen import price amounted to $X per ton, growing by 22% against the previous year. Over the last four-year period, it increased at an average annual rate of +1.4%. The import price peaked at $X per ton in 2013; however, from 2014 to 2016, import prices remained at a lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the Netherlands (+49.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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