MERCOSUR: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in MERCOSUR

The MERCOSUR crabs, not frozen market reached $X in 2022, increasing by 3.1% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Crabs, Not Frozen Production in MERCOSUR

In value terms, crabs, not frozen production expanded modestly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Crabs, Not Frozen Exports

Exports in MERCOSUR

After three years of growth, overseas shipments of crabs, not frozen decreased by -1.4% to X tons in 2022. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2016 with an increase of 40% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, crabs, not frozen exports reduced slightly to $X in 2022. In general, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 40% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Peru (X tons) and Venezuela (X tons) represented the key exporters of crabs, not frozen in MERCOSUR, together accounting for near 80% of total exports. It was distantly followed by Colombia (X kg), mixing up a 19% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +4.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Peru ($X) remains the largest crabs, not frozen supplier in MERCOSUR, comprising 70% of total exports. The second position in the ranking was taken by Colombia ($X), with a 25% share of total exports.

In Peru, crabs, not frozen exports expanded at an average annual rate of +9.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (-30.9% per year) and Venezuela (-13.3% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price recorded a slight downturn. The growth pace was the most rapid in 2014 when the export price increased by 46%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.2%), while the other leaders experienced mixed trends in the export price figures.

Crabs, Not Frozen Imports

Imports in MERCOSUR

After two years of growth, supplies from abroad of crabs, not frozen decreased by -0.7% to X kg in 2022. In general, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 314%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, crabs, not frozen imports contracted modestly to $X in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when imports increased by 340%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Colombia was the main importing country with an import of around X kg, which accounted for 83% of total imports. It was distantly followed by Argentina (X kg), making up a 17% share of total imports.

Colombia was also the fastest-growing in terms of the crabs, not frozen imports, with a CAGR of +14.8% from 2012 to 2022. At the same time, Argentina (+11.2%) displayed positive paces of growth. While the share of Colombia (+82 p.p.) and Argentina (+17 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) constitutes the largest market for imported crabs, not frozen in MERCOSUR, comprising 86% of total imports. The second position in the ranking was held by Argentina ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Colombia amounted to +20.7%.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, with a decrease of -2.6% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 92% against the previous year. The level of import peaked at $X per ton in 2021, and then fell in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per ton), while Argentina totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.2%).

Source: IndexBox Platform

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