Southern Asia: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Southern Asia

In 2022, the South Asian market for prepared or preserved crab meat decreased by X% to $X, falling for the fourth year in a row after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Southern Asia

In value terms, prepared or preserved crab meat production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports in Southern Asia

In 2022, shipments abroad of prepared or preserved crab meat increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, prepared or preserved crab meat exports declined dramatically to $X in 2022. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

India dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Sri Lanka (X tons), creating a X% share of total exports. Pakistan (X tons) held a minor share of total exports.

India was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of X% from 2012 to 2022. Sri Lanka (X%) and Pakistan (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sri Lanka (X p.p.) and Pakistan (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest prepared or preserved crab meat supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

In India, prepared or preserved crab meat exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined sharply in the following year.

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

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

Imports of Prepared Or Preserved Crab Meat

Imports in Southern Asia

In 2022, the amount of prepared or preserved crab meat imported in Southern Asia surged to X tons, increasing by X% against 2021 figures. Over the period under review, imports, however, saw a abrupt slump. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat imports soared to $X in 2022. In general, imports, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Afghanistan (X tons) and India (X tons) represented the main importers of prepared or preserved crab meat in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Maldives (X tons) and Pakistan (X tons), together achieving a X% share of total imports. Nepal (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Maldives ($X) and Afghanistan ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Maldives, 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

The import price in Southern Asia stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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 Maldives ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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