Greece: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Greece

The Greek crabs, not frozen market amounted to less than $X in 2022, approximately mirroring the previous year. Over the period under review, consumption faced a sharp decrease. Crabs, not frozen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Crabs, Not Frozen Production in Greece

In value terms, crabs, not frozen production stood at less than $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 2.4% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Crabs, Not Frozen Exports

Exports from Greece

In 2016, after four years of growth, there was significant decline in shipments abroad of crabs, not frozen, when their volume decreased by -21.9% to X tons. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 223%. Over the period under review, the exports hit record highs at X tons in 2015, and then reduced remarkably in the following year.

In value terms, crabs, not frozen exports soared to $X in 2016. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2014 with an increase of 467% against the previous year. Over the period under review, the exports reached the maximum in 2016 and are expected to retain growth in the near future.

Exports by Country

Italy (X tons), France (X tons) and Hong Kong SAR (X tons) were the main destinations of crabs, not frozen exports from Greece, together accounting for 61% of total exports. Romania, Germany, Spain and China lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2016, the biggest increases were recorded for China (with a CAGR of +1,992.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for crabs, not frozen exports from Greece, comprising 42% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 15% share of total exports. It was followed by Germany, with a 10% share.

From 2012 to 2016, the average annual growth rate of value to France stood at +586.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+5.6% per year) and Germany (+243.5% per year).

Export Prices by Country

The average crabs, not frozen export price stood at $X per ton in 2016, increasing by 67% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices reached the maximum in 2016 and is expected to retain growth in years to come.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.4%), while the prices for the other major destinations experienced a decline.

Crabs, Not Frozen Imports

Imports into Greece

In 2016, after two years of growth, there was significant decline in purchases abroad of crabs, not frozen, when their volume decreased by -88.9% to X tons. Over the period under review, imports faced a dramatic setback. The pace of growth was the most pronounced in 2015 with an increase of 12% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2016, imports remained at a lower figure.

In value terms, crabs, not frozen imports contracted dramatically to $X in 2016. Overall, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2015 when imports increased by 5.2%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2016, imports remained at a lower figure.

Imports by Country

Spain (X kg), France (X kg) and Sweden (X kg) were the main suppliers of crabs, not frozen imports to Greece, together comprising 97% of total imports. Denmark lagged somewhat behind, comprising a further 2.4%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +72.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of crabs, not frozen to Greece, comprising 72% of total imports. The second position in the ranking was held by Spain ($X), with a 13% share of total imports. It was followed by Sweden, with a 12% share.

From 2012 to 2016, the average annual growth rate of value from France stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-44.7% per year) and Sweden (0.0% per year).

Import Prices by Country

The average crabs, not frozen import price stood at $X per ton in 2016, rising by 380% against the previous year. Over the period under review, the import price enjoyed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the UK (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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