Australia: Market for Prepared Or Preserved Crab Meat 2025

Market Size for Prepared Or Preserved Crab Meat in Australia

After three years of decline, the Australian market for prepared or preserved crab meat increased by 23% to $X in 2021. In general, consumption, however, recorded a perceptible contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports from Australia

In 2021, shipments abroad of prepared or preserved crab meat decreased by -79.5% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports recorded a slight setback. The pace of growth appeared the most rapid in 2018 with an increase of 1,530% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, prepared or preserved crab meat exports fell sharply to $X in 2021. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by 4,516%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for prepared or preserved crab meat exports from Australia, accounting for a 85% share of total exports. Moreover, prepared or preserved crab meat exports to Indonesia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), tenfold. Nauru (X kg) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia totaled +65.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-4.2% per year) and Nauru (-71.9% per year).

In value terms, Indonesia ($X) remains the key foreign market for prepared or preserved crab meat exports from Australia, comprising 89% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 6.8% share of total exports. It was followed by New Zealand, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value to Indonesia totaled +69.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+0.3% per year) and New Zealand (-1.0% per year).

Export Prices by Country

In 2021, the average export price for prepared or preserved crab meat amounted to $X per ton, picking up by 30% against the previous year. Overall, the export price showed resilient growth. The pace of growth was the most pronounced in 2014 an increase of 573% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Nauru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guam (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into Australia

In 2021, purchases abroad of prepared or preserved crab meat increased by 4.2% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 7.7%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat imports soared to $X in 2021. In general, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 44%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam (X tons), Thailand (X tons) and Indonesia (X tons) were the main suppliers of prepared or preserved crab meat imports to Australia, together comprising 83% of total imports. China, Singapore and Japan lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +43.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) were the largest prepared or preserved crab meat suppliers to Australia, with a combined 88% share of total imports. China, Singapore and Japan lagged somewhat behind, together accounting for a further 10%.

In terms of the main suppliers, Singapore, with a CAGR of +47.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for prepared or preserved crab meat stood at $X per ton in 2021, increasing by 20% against the previous year. Overall, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 61% against the previous year. The import price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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