Portugal: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Portugal

The Portuguese crabs, not frozen market stood at less than $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, showed a prominent increase. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Crabs, Not Frozen Production in Portugal

In value terms, crabs, not frozen production totaled less than $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with a decrease of 99.9%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Crabs, Not Frozen Exports

Exports from Portugal

In 2016, shipments abroad of crabs, not frozen decreased by -19.7% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of 200%. As a result, the exports attained the peak of X tons. From 2015 to 2016, the growth of the exports failed to regain momentum.

In value terms, crabs, not frozen exports dropped markedly to $X in 2016. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 198%. As a result, the exports reached the peak of $X. From 2015 to 2016, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for crabs, not frozen exports from Portugal, with a 91% share of total exports. Moreover, crabs, not frozen exports to Spain exceeded the volume sent to the second major destination, Angola (X tons), more than tenfold.

From 2012 to 2016, the average annual growth rate of volume to Spain amounted to +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-23.9% per year) and the United States (-11.7% per year).

In value terms, Spain ($X) remains the key foreign market for crabs, not frozen exports from Portugal, comprising 61% of total exports. The second position in the ranking was taken by the United States ($X), with an 18% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of value to Spain stood at +44.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-2.5% per year) and Angola (-16.1% per year).

Export Prices by Country

The average crabs, not frozen export price stood at $X per ton in 2016, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 121% against the previous year. Over the period under review, the average export prices attained the peak figure in 2016 and is expected to retain growth in the immediate term.

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 2016, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Crabs, Not Frozen Imports

Imports into Portugal

In 2016, approx. X tons of crabs, not frozen were imported into Portugal; with an increase of 12% on the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2012 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, crabs, not frozen imports rose remarkably to $X in 2016. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2016; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2014 when imports increased by 15%. As a result, imports attained the peak of $X. From 2015 to 2016, the growth of imports failed to regain momentum.

Imports by Country

In 2016, the UK (X tons) constituted the largest supplier of crabs, not frozen to Portugal, with a 77% share of total imports. Moreover, crabs, not frozen imports from the UK exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold.

From 2012 to 2016, the average annual growth rate of volume from the UK stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.3% per year) and Spain (+17.1% per year).

In value terms, the UK ($X) constituted the largest supplier of crabs, not frozen to Portugal, comprising 70% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports.

From 2012 to 2016, the average annual growth rate of value from the UK amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.5% per year) and Spain (+14.3% per year).

Import Prices by Country

In 2016, the average crabs, not frozen import price amounted to $X per ton, shrinking by -4.3% against the previous year. Overall, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 7.1% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2016, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the UK ($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 (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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