Netherlands: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in the Netherlands

In 2023, after two years of growth, there was significant decline in the Dutch frozen crustaceans market, when its value decreased by X% to $X. Over the period under review, consumption, however, showed a buoyant increase. Over the period under review, the market hit record highs at $X in 2022, and then shrank dramatically in the following year.

Frozen Crustaceans Production in the Netherlands

In value terms, frozen crustaceans production dropped to $X in 2023 estimated in export price. In general, production, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

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Frozen Crustaceans Exports

Exports from the Netherlands

In 2023, exports of frozen crustaceans from the Netherlands rose slightly to X tons, growing by X% on the previous year. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, frozen crustaceans exports rose modestly to $X in 2023. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for frozen crustaceans exports from the Netherlands, accounting for a X% share of total exports. Moreover, frozen crustaceans exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Morocco (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Morocco (X% per year).

In value terms, the largest markets for frozen crustaceans exported from the Netherlands were Germany ($X), Belgium ($X) and France ($X), with a combined X% share of total exports. Spain, Morocco, Italy, Poland, Ireland, Portugal, Albania, Sweden, China and Denmark lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average frozen crustaceans export price stood at $X per ton in 2023, remaining stable against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into the Netherlands

After three years of growth, purchases abroad of frozen crustaceans decreased by X% to X tons in 2023. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2022, and then contracted dramatically in the following year.

In value terms, frozen crustaceans imports reduced remarkably to $X in 2023. Overall, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then reduced dramatically in the following year.

Imports by Country

India (X tons), Venezuela (X tons) and Ecuador (X tons) were the main suppliers of frozen crustaceans imports to the Netherlands, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Venezuela (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Venezuela ($X) and Ecuador ($X) were the largest frozen crustaceans suppliers to the Netherlands, together accounting for X% of total imports.

Among the main suppliers, Venezuela, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average frozen crustaceans import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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

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

Source: IndexBox Platform