Sweden: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Sweden

The Swedish market for prepared or preserved crab meat skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw slight growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in Sweden

In value terms, prepared or preserved crab meat production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Exports of Prepared Or Preserved Crab Meat

Exports from Sweden

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, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared or preserved crab meat exports contracted remarkably to $X in 2022. Overall, exports, however, posted pronounced growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for prepared or preserved crab meat exports from Sweden, with a X% share of total exports. Moreover, prepared or preserved crab meat exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, the largest markets for prepared or preserved crab meat exported from Sweden were France ($X), Germany ($X) and Belgium ($X), together accounting for X% of total exports.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average export price for prepared or preserved crab meat amounted to $X per ton, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into Sweden

In 2022, supplies from abroad 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, total imports indicated a measured expansion from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, prepared or preserved crab meat imports contracted modestly to $X in 2022. Over the period under review, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Norway (X tons), Ireland (X tons) and Denmark (X tons) were the main suppliers of prepared or preserved crab meat imports to Sweden, with a combined X% share of total imports.

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

In value terms, the largest prepared or preserved crab meat suppliers to Sweden were Ireland ($X), Norway ($X) and Vietnam ($X), with a combined X% share of total imports. These countries were followed by Denmark, which accounted for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, recorded the highest growth rate of 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 average import price for prepared or preserved crab meat stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, import price indicated a mild 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 2020 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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