South-Eastern Asia: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in South-Eastern Asia

In 2022, the Southeast Asian market for prepared or preserved crab meat increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in South-Eastern Asia

In value terms, prepared or preserved crab meat production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports in South-Eastern Asia

In 2022, overseas shipments of prepared or preserved crab meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, prepared or preserved crab meat exports dropped remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Indonesia was the main exporter of prepared or preserved crab meat in South-Eastern Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Vietnam (X tons), the Philippines (X tons) and Thailand (X tons), together committing a X% share of total exports.

Indonesia was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. Vietnam experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia and the Philippines increased by X and X percentage points, respectively.

In value terms, Indonesia ($X) remains the largest prepared or preserved crab meat supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Export price indicated prominent growth 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, prepared or preserved crab meat export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports in South-Eastern Asia

In 2022, supplies from abroad of prepared or preserved crab meat increased by X% to X tons, rising for the second consecutive year after six years of decline. Overall, imports enjoyed a slight increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, prepared or preserved crab meat imports soared to $X in 2022. Over the period under review, imports saw pronounced growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X tons) was the key importer of prepared or preserved crab meat, comprising X% of total imports. Singapore (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%), Brunei Darussalam (X%), Thailand (X%) and Vietnam (X%). Indonesia (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to prepared or preserved crab meat imports into Malaysia stood at X%. At the same time, Vietnam (X%), Brunei Darussalam (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia, the Philippines, Brunei Darussalam and Vietnam increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest prepared or preserved crab meat importing markets in South-Eastern Asia were Singapore ($X), Thailand ($X) and Indonesia ($X), with a combined X% share of total imports. Vietnam, Malaysia, Brunei Darussalam and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded 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 2022, the import price in South-Eastern Asia amounted to $X per ton, which is down by X% against the previous year. Import price indicated a tangible 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, prepared or preserved crab meat import price increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2016 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 2021, and then fell remarkably in the following year.

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 Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :