Benelux: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Benelux

The Benelux market for prepared or preserved crab meat declined to $X in 2021, with a decrease of -13.5% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Benelux

In value terms, prepared or preserved crab meat production declined to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Exports of Prepared Or Preserved Crab Meat

Exports in Benelux

In 2021, overseas shipments of prepared or preserved crab meat increased by 2.2% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, prepared or preserved crab meat exports reached $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 42%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium was the largest exporting country with an export of about X tons, which finished at 71% of total exports. It was distantly followed by the Netherlands (X tons), constituting a 29% share of total exports.

Belgium was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of +4.4% from 2012 to 2021. The Netherlands (-7.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +27 percentage points.

In value terms, Belgium ($X) remains the largest prepared or preserved crab meat supplier in Benelux, comprising 75% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium was relatively modest.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, flattening at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.4%).

Imports of Prepared Or Preserved Crab Meat

Imports in Benelux

In 2021, approx. X tons of prepared or preserved crab meat were imported in Benelux; remaining stable against the previous year. In general, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat imports dropped slightly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 27%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in imports structure, together creating 98% of total imports. Luxembourg (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of -1.8%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2021.

The Netherlands, with a CAGR of +1.0%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, waning by -3.6% against the previous year. Import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, prepared or preserved crab meat import price increased by +59.7% against 2014 indices. The growth pace was the most rapid in 2018 an increase of 18%. Over the period under review, import prices attained the maximum at $X per ton in 2020, and then reduced modestly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform