Benelux: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in Benelux

The Benelux crab and crab meat market dropped sharply to $X in 2023, which is down by X% against the previous year. In general, consumption recorded a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Production of Crabs and Crab Meat in Benelux

In value terms, crab and crab meat production rose modestly to $X in 2023 estimated in export price. The total production indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Crabs and Crab Meat

Exports in Benelux

In 2023, overseas shipments of crabs and crab meat decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2023, the growth of the exports failed to regain momentum.

In value terms, crab and crab meat exports expanded sharply to $X in 2023. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands dominates exports structure, reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Belgium (X tons), constituting an X% share of total exports.

The Netherlands was also the fastest-growing in terms of the crabs and crab meat exports, with a CAGR of X% from 2012 to 2023. Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest crab and crab meat supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands amounted to X%.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, increasing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Crabs and Crab Meat

Imports in Benelux

In 2023, the amount of crabs and crab meat imported in Benelux dropped to X tons, waning by X% compared with the previous year. Over the period under review, imports, however, posted temperate growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, crab and crab meat imports declined sharply to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then fell significantly in the following year.

Imports by Country

The purchases of the two major importers of crabs and crab meat, namely the Netherlands and Belgium, represented more than two-thirds of total import.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, the largest crab and crab meat importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in Benelux amounted to $X per ton, waning by X% against the previous year. In general, the import price saw a perceptible curtailment. The pace of growth was the most pronounced in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform