Middle East: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in the Middle East

The Middle Eastern crab and crab meat market expanded rapidly to $X in 2022, growing by X% against the previous year. The total consumption indicated a buoyant 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, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Crabs and Crab Meat in the Middle East

In value terms, crab and crab meat production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Crabs and Crab Meat

Exports in the Middle East

In 2022, overseas shipments of crabs and crab meat increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, crab and crab meat exports skyrocketed to $X in 2022. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), making up a X% share of total exports. Yemen (X tons) and Iran (X tons) followed a long way behind the leaders.

Exports from Bahrain increased at an average annual rate of X% from 2012 to 2022. At the same time, Saudi Arabia (X%), Yemen (X%) and Iran (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. Saudi Arabia (X p.p.) and Yemen (X p.p.) significantly strengthened its position in terms of the total exports, while Bahrain saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bahrain ($X) remains the largest crab and crab meat supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Bahrain totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Yemen (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by X% against the previous year. Export price indicated a tangible 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, crab and crab meat export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while Iran ($X per ton) was 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 the Middle East

For the fifth year in a row, the Middle East recorded growth in overseas purchases of crabs and crab meat, which increased by X% to X tons in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, crab and crab meat imports surged to $X in 2022. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Kuwait (X tons) represented the largest importer of crabs and crab meat, constituting X% of total imports. It was distantly followed by the United Arab Emirates (X tons), constituting 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 ($X) constitutes the largest market for imported crabs and crab meat in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports.

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

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. 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 reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait amounted to $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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