Germany: Frozen Crustaceans Market 2024

Frozen Crustaceans Market Size in Germany

The German frozen crustaceans market skyrocketed to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Frozen Crustaceans Production in Germany

In value terms, frozen crustaceans production shrank to $X in 2022 estimated in export price. Over the period under review, production saw significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Frozen crustaceans production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Frozen Crustaceans Exports

Exports from Germany

In 2022, after four years of growth, there was significant decline in overseas shipments of frozen crustaceans, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, frozen crustaceans exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X tons), Austria (X tons) and Poland (X tons) were the main destinations of frozen crustaceans exports from Germany, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Poland ($X) and France ($X) constituted the largest markets for frozen crustaceans exported from Germany worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average frozen crustaceans export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Crustaceans Imports

Imports into Germany

In 2022, approx. X tons of frozen crustaceans were imported into Germany; with an increase of X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, frozen crustaceans imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Vietnam (X tons), India (X tons) and the Netherlands (X tons) were the main suppliers of frozen crustaceans imports to Germany, together accounting for X% of total imports. Bangladesh, Greenland, Spain, France, Ecuador, Belgium, Thailand and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greenland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen crustaceans suppliers to Germany were Vietnam ($X), India ($X) and the Netherlands ($X), together comprising X% of total imports. Bangladesh, Spain, France, Belgium, Ecuador, Greenland, Thailand and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Greenland, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average frozen crustaceans import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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