Mexico: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in Mexico

In 2021, the Mexican market for frozen crabs and crabs meat decreased by -0.6% to $X, falling for the third year in a row after seven years of growth. In general, consumption, however, posted a significant expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Frozen Crabs And Crabs Meat in Mexico

In value terms, frozen crab and crab meat production totaled $X in 2021 estimated in export price. In general, production, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 253% against the previous year. Frozen crab and crab meat production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Frozen Crabs And Crabs Meat

Exports from Mexico

Frozen crab and crab meat exports from Mexico surged to X tons in 2021, picking up by 163% on the year before. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen crab and crab meat exports skyrocketed to $X in 2021. Overall, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 93% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for frozen crab and crab meat exports from Mexico, with a 84% share of total exports. Moreover, frozen crab and crab meat exports to the United States exceeded the volume sent to the second major destination, South Korea (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +12.0%.

In value terms, the United States ($X) remains the key foreign market for frozen crabs and crabs meat exports from Mexico, comprising 82% of total exports. The second position in the ranking was held by South Korea ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +18.5%.

Export Prices by Country

In 2021, the average export price for frozen crabs and crabs meat amounted to $X per ton, with a decrease of -40.5% against the previous year. Over the period under review, the export price, however, showed prominent growth. The growth pace was the most rapid in 2015 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+11.8%).

Imports of Frozen Crabs And Crabs Meat

Imports into Mexico

Frozen crab and crab meat imports into Mexico surged to X tons in 2021, rising by 231% compared with the previous year. Overall, imports, however, saw a abrupt contraction. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, frozen crab and crab meat imports skyrocketed to $X in 2021. In general, imports, however, recorded a perceptible setback. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest frozen crab and crab meat supplier to Mexico, accounting for a 89% share of total imports. Moreover, frozen crab and crab meat imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+2.3% per year) and Norway (+42.9% per year).

In value terms, the United States ($X) constituted the largest supplier of frozen crabs and crabs meat to Mexico, comprising 79% of total imports. The second position in the ranking was held by Norway ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+42.6% per year) and Chile (+1.6% per year).

Import Prices by Country

In 2021, the average import price for frozen crabs and crabs meat amounted to $X per ton, increasing by 54% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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 Norway ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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