GCC: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in GCC

The GCC market for prepared or preserved crab meat contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a measured expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in GCC

In value terms, prepared or preserved crab meat production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced expansion. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports in GCC

In 2022, prepared or preserved crab meat exports in GCC skyrocketed to X tons, increasing by X% on the year before. Overall, exports, however, showed a pronounced decrease. The growth pace was the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat exports surged to $X in 2022. In general, exports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the key exporter of prepared or preserved crab meat in GCC, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Bahrain (X tons) and Saudi Arabia (X tons), together making up a X% share of total exports. Oman (X kg) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia experienced a relatively flat trend pattern. Oman (X%) and Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Saudi Arabia increased by X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest prepared or preserved crab meat supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an X% share of total exports. It was followed by Bahrain, with an X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Bahrain (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Prepared Or Preserved Crab Meat

Imports in GCC

Prepared or preserved crab meat imports reduced markedly to X tons in 2022, with a decrease of X% compared with the previous year. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports contracted markedly to $X in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

The United Arab Emirates dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2022. Qatar (X tons) took the second position in the ranking, followed by Kuwait (X tons). All these countries together held approx. X% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Qatar (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Qatar, the United Arab Emirates and Kuwait increased by X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported prepared or preserved crab meat in GCC, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, therefore, remained relatively stable against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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