India: Market for Prepared Or Preserved Crab Meat 2025

Market Size for Prepared Or Preserved Crab Meat in India

In 2021, the Indian market for prepared or preserved crab meat decreased by -1% to $X, falling for the third consecutive year after two years of growth. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in India

In value terms, prepared or preserved crab meat production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 46% against the previous year. Prepared or preserved crab meat production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports from India

In 2021, the amount of prepared or preserved crab meat exported from India skyrocketed to X tons, surging by 76% against the year before. Overall, exports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 111% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, prepared or preserved crab meat exports surged to $X in 2021. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 328%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for prepared or preserved crab meat exports from India, accounting for a 74% share of total exports. Moreover, prepared or preserved crab meat exports to the United States exceeded the volume sent to the second major destination, the Philippines (X tons), more than tenfold. Canada (X tons) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+2.2% per year) and Canada (+27.2% per year).

In value terms, the United States ($X) remains the key foreign market for prepared or preserved crab meat exports from India, comprising 89% of total exports. The second position in the ranking was held by Canada ($X), with a 2.5% share of total exports. It was followed by Hong Kong SAR, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+27.5% per year) and Hong Kong SAR (+18.0% per year).

Export Prices by Country

In 2021, the average export price for prepared or preserved crab meat amounted to $X per ton, surging by 51% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 103%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 Indonesia (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into India

After four years of growth, overseas purchases of prepared or preserved crab meat decreased by -76.8% to X tons in 2021. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 123% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then shrank sharply in the following year.

In value terms, prepared or preserved crab meat imports declined markedly to $X in 2021. In general, imports, however, posted a notable expansion. The pace of growth appeared the most rapid in 2019 with an increase of 151% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of prepared or preserved crab meat imports to India, together comprising 98% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +60.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest prepared or preserved crab meat suppliers to India were China ($X), the United States ($X) and Japan ($X), together accounting for 70% of total imports.

The United States, with a CAGR of +72.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for prepared or preserved crab meat amounted to $X per ton, with an increase of 64% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 73%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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