Europe: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Europe

The Europe market for prepared or preserved crab meat fell slightly to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Europe

In value terms, prepared or preserved crab meat production contracted 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 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Exports of Prepared Or Preserved Crab Meat

Exports in Europe

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. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat exports rose slightly to $X in 2022. In general, exports continue to indicate temperate growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the UK (X tons), Belgium (X tons) and the Netherlands (X tons) was the key exporter of prepared or preserved crab meat in Europe, generating X% of total export. Denmark (X tons) took the next position in the ranking, followed by Ireland (X tons) and Norway (X tons). All these countries together took near X% share of total exports. Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Denmark ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, reducing by X% against the previous year. 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 pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

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

Imports of Prepared Or Preserved Crab Meat

Imports in Europe

In 2022, purchases abroad of prepared or preserved crab meat increased by X% to X tons, rising for the second year in a row after eight years of decline. Overall, imports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs 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 reached $X in 2022. In general, imports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) was the key importer of prepared or preserved crab meat, constituting X% of total imports. Belgium (X tons) ranks second in terms of the total imports with an X% share, followed by Germany (X%), the UK (X%), the Netherlands (X%) and Sweden (X%). Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to prepared or preserved crab meat imports into France stood at X%. At the same time, Sweden (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), the UK (X%), Italy (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Belgium (X p.p.) and Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Italy (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported prepared or preserved crab meat in Europe, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.

In France, prepared or preserved crab meat imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the UK (X% per year) and Belgium (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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