Venezuela: Crabs, Not Frozen Market 2022

Crabs, Not Frozen Market Size in Venezuela

In 2021, the Venezuelan crabs, not frozen market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption enjoyed a strong increase. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Crabs, Not Frozen Exports

Exports from Venezuela

In 2021, overseas shipments of crabs, not frozen decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, crabs, not frozen exports stood at $X in 2021. In general, exports faced a abrupt decline. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for crabs, not frozen exports from Venezuela, accounting for a X% share of total exports. Moreover, crabs, not frozen exports to the United States exceeded the volume sent to the second major destination, Aruba (X kg), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -X%.

In value terms, the United States ($X) remains the key foreign market for crabs, not frozen exports from Venezuela, comprising X% of total exports. The second position in the ranking was occupied by Aruba ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -X%.

Export Prices by Country

In 2021, the average crabs, not frozen export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Aruba totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-X%).

Crabs, Not Frozen Imports

Imports into Venezuela

After eight years of decline, supplies from abroad of crabs, not frozen increased by X% to X tons in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, crabs, not frozen imports rose markedly to $X in 2021. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth imports remained at a lower figure.

Imports by Country

In 2016, the United States (X tons) was the main crabs, not frozen supplier to Venezuela, accounting for a approx. X% share of total imports.

From 2012 to 2016, the average annual rate of growth in terms of volume from the United States totaled +X%.

In value terms, the United States ($X) constituted the largest supplier of crabs, not frozen to Venezuela.

From 2012 to 2016, the average annual growth rate of value from the United States totaled +X%.

Import Prices by Country

The average crabs, not frozen import price stood at $X per ton in 2016, rising by X% against the previous year. In general, the import price recorded significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2016, the rate of growth in terms of prices for the United States amounted to +X% per year.

Source: IndexBox Platform