Puerto Rico - Prepared or Preserved Crab Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Market for Prepared Or Preserved Crab Meat 2024
Market Size for Prepared Or Preserved Crab Meat in Puerto Rico
The Puerto Rican market for prepared or preserved crab meat amounted to less than $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern.
Exports of Prepared Or Preserved Crab Meat
Exports from Puerto Rico
Prepared or preserved crab meat exports from Puerto Rico stood at less than X kg in 2021, almost unchanged from the previous year. Overall, exports showed a relatively flat trend pattern.
In value terms, prepared or preserved crab meat exports amounted to less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.
Exports by Country
In 2021, Indonesia (X tons) and China (X tons) were the major exporters of prepared or preserved crab meatin the world, together committing 49% of total exports. It was distantly followed by Vietnam (X tons), the Philippines (X tons) and South Korea (X tons), together generating a 19% share of total exports. Venezuela (X tons), India (X tons), Thailand (X tons), Belgium (X tons), Canada (X tons), the United States (X tons), Sri Lanka (X tons) and Hong Kong SAR (X tons) held a relatively small share of total exports.
From 2012 to 2021, the biggest increases were recorded for Sri Lanka (with a CAGR of +15.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest prepared or preserved crab meat supplying countries from Puerto Rico were Indonesia ($X), China ($X) and the Philippines ($X), together accounting for 67% of total exports.
The Philippines, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in Puerto Rico stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while 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 India (+13.1%), while the other leaders experienced more modest paces of growth.
Imports of Prepared Or Preserved Crab Meat
Imports into Puerto Rico
In 2021, approx. less than X kg of prepared or preserved crab meat were imported into Puerto Rico; approximately equating the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern.
In value terms, prepared or preserved crab meat imports totaled less than $X in 2021. Overall, imports showed a relatively flat trend pattern.
Imports by Country
In 2021, the United States (X tons) was the major importer of prepared or preserved crab meat, committing 59% of total imports. Japan (X tons) held the second position in the ranking, followed by France (X tons). All these countries together held near 16% share of total imports. The following importers - Canada (X tons), Hong Kong SAR (X tons), Taiwan (Chinese) (X tons), Germany (X tons) and Singapore (X tons) - together made up 11% of total imports.
The United States experienced a relatively flat trend pattern with regard to volume of imports of prepared or preserved crab meat. At the same time, Taiwan (Chinese) (+59.1%) and Canada (+6.2%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in the world, with a CAGR of +59.1% from 2012-2021. By contrast, France (-3.0%), Japan (-9.4%), Germany (-12.6%), Singapore (-13.4%) and Hong Kong SAR (-19.1%) illustrated a downward trend over the same period. The United States (+14 p.p.), Canada (+2.5 p.p.) and Taiwan (Chinese) (+2 p.p.) significantly strengthened its position in terms of the global imports, while Singapore, Germany, Japan and Hong Kong SAR saw its share reduced by -1.5%, -2%, -7.9% and -8.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported prepared or preserved crab meat into Puerto Rico, comprising 70% of global imports. The second position in the ranking was held by Japan ($X), with a 9.9% share of global imports. It was followed by Canada, with a 4.7% share.
From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +3.2%. In the other countries, the average annual rates were as follows: Japan (-8.6% per year) and Canada (+18.2% per year).
Import Prices by Country
In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately reflecting the previous year. In general, the import price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while France ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+11.3%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Puerto Rico. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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