MENA: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in MENA

The MENA's crab and crab meat market stood at $X in 2022, growing by X% against the previous year. The total consumption indicated strong growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Crabs and Crab Meat in MENA

In value terms, crab and crab meat production dropped to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Crabs and Crab Meat

Exports in MENA

In 2022, approx. X tons of crabs and crab meat were exported in MENA; surging by X% on the previous year. Over the period under review, exports enjoyed a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, crab and crab meat exports amounted to $X in 2022. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Bahrain (X tons) and Tunisia (X tons) prevails in exports structure, together comprising X% of total exports. The following exporters - Saudi Arabia (X tons) and Yemen (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X), Tunisia ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by X% against the previous year. Export price indicated a temperate increase 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, crab and crab meat export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2020; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Tunisia ($X per ton) and Bahrain ($X per ton), while Saudi Arabia ($X per ton) and Yemen ($X per ton) were amongst the lowest.

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

Imports of Crabs and Crab Meat

Imports in MENA

Crab and crab meat imports soared to X tons in 2022, rising by X% compared with 2021 figures. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, crab and crab meat imports skyrocketed to $X in 2022. In general, imports 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 import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Kuwait (X tons) represented the largest importer of crabs and crab meat, creating X% of total imports. It was distantly followed by the United Arab Emirates (X tons), creating a X% share of total imports.

Kuwait was also the fastest-growing in terms of the crabs and crab meat imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. From 2012 to 2022, the share of Kuwait increased by X percentage points.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported crabs and crab meat in MENA, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, remaining constant against the previous year. In general, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($X per ton), while Kuwait totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform

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