Middle East: Market for Frozen Crabs And Crabs Meat 2024

Market Size for Frozen Crabs And Crabs Meat in the Middle East

In 2023, the Middle Eastern market for frozen crabs and crabs meat decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, continues to indicate a noticeable shrinkage. The level of consumption peaked at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Production of Frozen Crabs And Crabs Meat in the Middle East

In value terms, frozen crab and crab meat production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Exports of Frozen Crabs And Crabs Meat

Exports in the Middle East

In 2023, exports of frozen crabs and crabs meat in the Middle East fell to X tons, dropping by X% against 2022 figures. Overall, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, frozen crab and crab meat exports dropped to $X in 2023. In general, exports, however, enjoyed a buoyant expansion. 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 2023, the exports failed to regain momentum.

Exports by Country

Bahrain dominates exports structure, amounting to X tons, which was near X% of total exports in 2023. Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to frozen crab and crab meat exports from Bahrain stood at X%. At the same time, Saudi Arabia (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 2012-2023. From 2012 to 2023, the share of Saudi Arabia increased by X percentage points.

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

From 2012 to 2023, the average annual growth rate of value in Bahrain stood at X%.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, stabilizing at the previous year. In general, the export price, however, saw a slight decline. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bahrain (X%).

Imports of Frozen Crabs And Crabs Meat

Imports in the Middle East

In 2023, imports of frozen crabs and crabs meat in the Middle East reduced markedly to X tons, waning by X% against 2022 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then shrank markedly in the following year.

In value terms, frozen crab and crab meat imports dropped sharply to $X in 2023. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then declined notably in the following year.

Imports by Country

The United Arab Emirates was the major importing country with an import of about X tons, which amounted to X% of total imports. Israel (X tons) took the second position in the ranking, followed by Kuwait (X tons), Oman (X tons) and Jordan (X tons). All these countries together took approx. X% share of total imports. The following importers - Qatar (X tons) and Turkey (X tons) - each recorded a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to frozen crab and crab meat imports into the United Arab Emirates stood at X%. At the same time, Jordan (X%), Kuwait (X%), Qatar (X%) and Israel (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Turkey (X%) and Oman (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kuwait, Israel and Jordan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported frozen crabs and crabs meat in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, frozen crab and crab meat imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, surging by X% against the previous year. Import price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, frozen crab and crab meat import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform