Overview of the Global Market for Prepared Or Preserved Crab Meat

Market Size for Prepared Or Preserved Crab Meat

In 2022, the global market for prepared or preserved crab meat increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Global consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat

In value terms, prepared or preserved crab meat production declined 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 remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Global production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports

Global prepared or preserved crab meat exports fell to X tons in 2022, shrinking by X% compared with the year before. In general, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, prepared or preserved crab meat exports contracted significantly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) and Indonesia (X tons) represented roughly X% of total exports in 2022. Vietnam (X tons) held the next position in the ranking, followed by Venezuela (X tons), South Korea (X tons) and India (X tons). All these countries together held near X% share of total exports. The following exporters - the Philippines (X tons), Canada (X tons), the United States (X tons), Belgium (X tons), the Netherlands (X tons), the UK (X tons) and Thailand (X tons) - together made up X% of total exports.

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

In value terms, Indonesia ($X), China ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Venezuela, the Philippines, India, South Korea, Canada, the UK, Belgium, Thailand, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

Venezuela, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global 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, falling by X% against the previous year. Overall, export price indicated a temperate expansion 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 growth pace was the most rapid in 2017 when the average export price increased by X%. The global export price peaked at $X per ton in 2021, 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 ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Imports of Prepared Or Preserved Crab Meat

Imports

In 2022, supplies from abroad of prepared or preserved crab meat increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, prepared or preserved crab meat imports fell to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) represented the major importer of prepared or preserved crab meat, comprising X% of total imports. Japan (X tons) ranks second in terms of the total imports with a X% share, followed by France (X%). Hong Kong SAR (X tons), Malaysia (X tons) and Canada (X tons) took a minor share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of prepared or preserved crab meat. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Canada experienced a relatively flat trend pattern. By contrast, France (X%), Japan (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States and Malaysia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported prepared or preserved crab meat worldwide, comprising X% of global imports. The second position in the ranking was held by Japan ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and France (X% per year).

Import Prices by Country

The average import price for prepared or preserved crab meat stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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