Russian Federation: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in the Russian Federation

The Russian market for frozen crabs and crabs meat shrank dramatically to $X in 2021, which is down by -22.2% against the previous year. Over the period under review, consumption, however, showed a significant increase. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Production of Frozen Crabs And Crabs Meat in the Russian Federation

In value terms, frozen crab and crab meat production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded significant growth. The growth pace was the most rapid in 2020 when the production volume increased by 63% against the previous year. As a result, production reached the peak level of $X, and then declined markedly in the following year.

Exports of Frozen Crabs And Crabs Meat

Exports from the Russian Federation

In 2021, approx. X tons of frozen crabs and crabs meat were exported from Russia; picking up by 4.2% against the year before. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 38%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen crab and crab meat exports surged to $X in 2021. In general, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X tons), the Netherlands (X tons) and Japan (X tons) were the main destinations of frozen crab and crab meat exports from Russia, with a combined 100% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +21.1%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for frozen crab and crab meat exported from Russia were the Netherlands ($X), South Korea ($X) and Japan ($X), together comprising 100% of total exports.

The Netherlands, with a CAGR of +25.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for frozen crabs and crabs meat stood at $X per ton in 2021, jumping by 68% against the previous year. In general, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Japan ($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 South Korea (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Crabs And Crabs Meat

Imports into the Russian Federation

In 2021, after two years of growth, there was significant decline in purchases abroad of frozen crabs and crabs meat, when their volume decreased by -33.2% to X tons. Overall, imports saw a deep slump. The growth pace was the most rapid in 2017 when imports increased by 603% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen crab and crab meat imports declined sharply to $X in 2021. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 943% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Tunisia (X tons), Thailand (X tons) and Japan (X kg) were the main suppliers of frozen crab and crab meat imports to Russia, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tunisia (with a CAGR of +135.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen crab and crab meat suppliers to Russia were Japan ($X), Thailand ($X) and Tunisia ($X), with a combined 95% share of total imports.

Among the main suppliers, Tunisia, with a CAGR of +87.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen crabs and crabs meat stood at $X per ton in 2021, rising by 2.3% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen crab and crab meat import price decreased by -17.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 54%. The import price peaked at $X per ton in 2014; however, from 2015 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 Japan ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+59.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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