Chile: Market for Prepared Or Preserved Crab Meat 2025

Market Size for Prepared Or Preserved Crab Meat in Chile

For the eighth consecutive year, the Chilean market for prepared or preserved crab meat recorded growth in sales value, which increased by 4.9% to $X in 2021. Overall, consumption posted a resilient expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Prepared Or Preserved Crab Meat in Chile

In value terms, prepared or preserved crab meat production declined to $X in 2021 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 95%. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Exports of Prepared Or Preserved Crab Meat

Exports from Chile

In 2021, overseas shipments of prepared or preserved crab meat decreased by -27.9% to X tons, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat exports fell markedly to $X in 2021. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 46%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Belgium (X tons) and France (X tons) were the main destinations of prepared or preserved crab meat exports from Chile, with a combined 92% share of total exports. These countries were followed by Canada and Italy, which together accounted for a further 3.2%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +20.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for prepared or preserved crab meat exported from Chile were Belgium ($X), the United States ($X) and France ($X), together comprising 90% of total exports. These countries were followed by Canada and Italy, which together accounted for a further 2.4%.

Among the main countries of destination, Canada, with a CAGR of +16.5%, 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 mixed trend patterns.

Export Prices by Country

In 2021, the average export price for prepared or preserved crab meat amounted to $X per ton, declining by -21.9% against the previous year. Overall, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2020 an increase of 9.4%. As a result, the export price attained the peak level of $X per ton, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Canada ($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 Taiwan (Chinese) (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into Chile

Prepared or preserved crab meat imports into Chile soared to X tons in 2021, picking up by 532% compared with 2020. Overall, imports, however, recorded a mild decrease. The pace of growth was the most pronounced in 2020 with an increase of 1,564%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports soared to $X in 2021. In general, imports, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2020 when imports increased by 1,545%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main supplier of prepared or preserved crab meat to Chile, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -1.8%.

In value terms, China ($X) constituted the largest supplier of prepared or preserved crab meat to Chile.

From 2012 to 2021, the average annual growth rate of value from China amounted to -4.2%.

Import Prices by Country

In 2021, the average import price for prepared or preserved crab meat amounted to $X per ton, waning by -28.2% against the previous year. In general, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2015 when the average import price increased by 130%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -2.5% per year.

Source: IndexBox Platform

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