Report Update Feb 1, 2025

Hong Kong SAR, China - Frozen Crabs and Crabs Meat - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Hong Kong SAR, China: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in Hong Kong SAR, China

In 2021, the Hong Kong market for frozen crabs and crabs meat decreased by -4.8% to $X, falling for the third consecutive year after two years of growth. Overall, consumption showed a deep setback. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Frozen Crabs And Crabs Meat

Exports from Hong Kong SAR, China

Frozen crab and crab meat exports from Hong Kong SAR surged to X tons in 2021, with an increase of 71% against the previous year's figure. In general, exports, however, continue to indicate a sharp downturn. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, frozen crab and crab meat exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt contraction. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X tons) was the main destination for frozen crab and crab meat exports from Hong Kong SAR, with a 81% share of total exports. Moreover, frozen crab and crab meat exports to Japan exceeded the volume sent to the second major destination, Canada (X tons), tenfold. The third position in this ranking was taken by Macao SAR (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Japan stood at +61.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+2.9% per year) and Macao SAR (-10.6% per year).

In value terms, Japan ($X) remains the key foreign market for frozen crabs and crabs meat exports from Hong Kong SAR, comprising 86% of total exports. The second position in the ranking was taken by Macao SAR ($X), with a 7% share of total exports. It was followed by Canada, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Japan totaled +58.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (-6.5% per year) and Canada (+5.1% per year).

Export Prices by Country

The average export price for frozen crabs and crabs meat stood at $X per ton in 2021, rising by 97% against the previous year. In general, the export price posted notable growth. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Taiwan (Chinese) ($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) (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Crabs And Crabs Meat

Imports into Hong Kong SAR, China

In 2021, overseas purchases of frozen crabs and crabs meat were finally on the rise to reach X tons after three years of decline. Overall, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when imports increased by 90%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, frozen crab and crab meat imports rose significantly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 135% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Japan (X tons), Myanmar (X tons) and Thailand (X tons) were the main suppliers of frozen crab and crab meat imports to Hong Kong SAR, with a combined 57% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +63.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of frozen crabs and crabs meat to Hong Kong SAR, comprising 40% of total imports. The second position in the ranking was taken by Myanmar ($X), with a 12% share of total imports. It was followed by Thailand, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+66.6% per year) and Thailand (+11.0% per year).

Import Prices by Country

The average import price for frozen crabs and crabs meat stood at $X per ton in 2021, increasing by 9.9% against the previous year. Overall, the import price posted a prominent expansion. The growth pace was the most rapid in 2019 an increase of 64%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen crabs and crabs meat in the world?

The countries with the highest volumes of frozen crab and crab meat consumption in 2020 were the United States, Russia and Japan, together accounting for 51% of global consumption.

What are the largest producers of frozen crabs and crabs meat in the world?

Russia remains the largest frozen crab and crab meat producing country worldwide, accounting for 30% of total volume. Moreover, frozen crab and crab meat production in Russia exceeded the figures recorded by the second-largest producer, Canada, twofold. Mexico ranked third in terms of total production with a 10% share.

What are the leading suppliers of frozen crabs and crabs meat to Hong Kong SAR, China?

In value terms, the largest frozen crab and crab meat suppliers to Hong Kong SAR were Japan, South Korea and Myanmar, with a combined 56% share of total imports.

What are the leading importers of frozen crabs and crabs meat from Hong Kong SAR, China?

In value terms, the largest markets for frozen crab and crab meat exported from Hong Kong SAR were Japan, Macao SAR and Canada, with a combined 91% share of total exports.

What is the average export price for frozen crabs and crabs meat in Hong Kong SAR, China?

In 2020, the average export price for frozen crabs and crabs meat amounted to $8,517 per ton, approximately equating the previous year.

What is the average import price for frozen crabs and crabs meat in Hong Kong SAR, China?

The average import price for frozen crabs and crabs meat stood at $15,931 per ton in 2020, picking up by 17% against the previous year.

This report provides an in-depth analysis of the market for frozen crab and crab meat in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024