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 reduced slightly to $X in 2023, declining by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Europe

In value terms, prepared or preserved crab meat production expanded slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports in Europe

In 2023, the amount of prepared or preserved crab meat exported in Europe expanded significantly to X tons, growing by X% on the previous year's figure. Total exports indicated a modest expansion from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, prepared or preserved crab meat exports shrank to $X in 2023. In general, exports continue to indicate a notable expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Russia was the main exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Belgium (X tons), the Netherlands (X tons), the UK (X tons) and Denmark (X tons), together generating a X% share of total exports. The following exporters - France (X tons) and Norway (X tons) - each amounted to a X% share of total exports.

Russia was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of X% from 2012 to 2023. At the same time, Denmark (X%) and Belgium (X%) displayed positive paces of growth. By contrast, Norway (X%), the UK (X%), the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Denmark (X p.p.) significantly strengthened its position in terms of the total exports, while Norway, France, the UK and the Netherlands saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) emerged as the largest prepared or preserved crab meat supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

In Russia, prepared or preserved crab meat exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Belgium (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, waning by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2023: its price 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, prepared or preserved crab meat export price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports in Europe

In 2023, purchases abroad of prepared or preserved crab meat decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports dropped to $X in 2023. Overall, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

France represented the largest importing country with an import of about X tons, which amounted to X% of total imports. Belgium (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (X%), the Netherlands (X%), Germany (X%) and the UK (X%). Spain (X tons) followed a long way behind the leaders.

Imports into France decreased at an average annual rate of X% from 2012 to 2023. 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 2012-2023. Spain and Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (X%), the UK (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of France, Sweden, Belgium and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in France totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2023, almost unchanged from the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2022, and then declined modestly in the following year.

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

From 2012 to 2023, 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.

Source: IndexBox Platform