Middle East: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in the Middle East

In 2022, the Middle Eastern crabs, not frozen market was finally on the rise to reach $X for the first time since 2015, thus ending a six-year declining trend. In general, consumption, however, showed a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Crabs, Not Frozen Production in the Middle East

In value terms, crabs, not frozen production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of 8.3% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Crabs, Not Frozen Exports

Exports in the Middle East

After six years of growth, shipments abroad of crabs, not frozen decreased by -5.7% to X tons in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 243% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, crabs, not frozen exports shrank slightly to $X in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 255% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell modestly in the following year.

Exports by Country

Bahrain prevails in exports structure, reaching X tons, which was approx. 96% of total exports in 2022. Yemen (X tons) held a little share of total exports.

Bahrain was also the fastest-growing in terms of the crabs, not frozen exports, with a CAGR of +53.0% from 2012 to 2022. At the same time, Yemen (+22.1%) displayed positive paces of growth. While the share of Bahrain (+51 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Yemen (-14.5 p.p.) displayed negative dynamics.

In value terms, Bahrain ($X) remains the largest crabs, not frozen supplier in the Middle East, comprising 94% of total exports. The second position in the ranking was taken by Yemen ($X), with a 5% share of total exports.

In Bahrain, crabs, not frozen exports increased at an average annual rate of +37.8% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the export price increased by 3.4% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Yemen ($X per ton), while Bahrain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (-2.0%).

Crabs, Not Frozen Imports

Imports in the Middle East

In 2022, approx. X tons of crabs, not frozen were imported in the Middle East; picking up by 17% against the year before. Overall, imports posted a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 179% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, crabs, not frozen imports stood at $X in 2022. In general, imports enjoyed a moderate expansion. The pace of growth was the most pronounced in 2016 when imports increased by 110% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons) and Kuwait (X tons) prevails in imports structure, together achieving 94% of total imports. The following importers - Jordan (X tons) and Bahrain (X tons) - together made up 5.1% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bahrain (with a CAGR of +53.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported crabs, not frozen in the Middle East, comprising 55% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 21% share of total imports. It was followed by Bahrain, with an 18% share.

In the United Arab Emirates, crabs, not frozen imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (+14.7% per year) and Bahrain (+51.9% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, declining by -13.9% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2013 when the import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Kuwait ($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 (-1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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