Scandinavia: Market for Prepared Or Preserved Crab Meat 2025

Market Size for Prepared Or Preserved Crab Meat in Scandinavia

For the third year in a row, the Scandinavia market for prepared or preserved crab meat recorded decline in sales value, which decreased by -34.2% to $X in 2021. Over the period under review, consumption showed a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in Scandinavia

In value terms, prepared or preserved crab meat production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. The level of 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 in Scandinavia

In 2021, the amount of prepared or preserved crab meat exported in Scandinavia surged to X tons, increasing by 119% on the previous year's figure. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 144%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, prepared or preserved crab meat exports surged to $X in 2021. Overall, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons) and Norway (X tons) represented the largest exporters of prepared or preserved crab meat in 2021, reaching approx. 46% and 36% of total exports, respectively. It was distantly followed by Sweden (X tons), committing an 18% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Denmark (with a CAGR of +38.0%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the largest prepared or preserved crab meat supplier in Scandinavia, comprising 60% of total exports. The second position in the ranking was taken by Norway ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Denmark stood at +33.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (+14.2% per year) and Sweden (+5.8% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, with an increase of 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+5.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Prepared Or Preserved Crab Meat

Imports in Scandinavia

In 2021, imports of prepared or preserved crab meat in Scandinavia soared to X tons, increasing by 20% compared with the year before. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +43.9% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 62%. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, prepared or preserved crab meat imports skyrocketed to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons) and Denmark (X tons) prevails in imports structure, together achieving 95% of total imports. The following importers - Norway (X tons) and Finland (X tons) - together made up 4.4% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +17.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest prepared or preserved crab meat importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), with a combined 98% share of total imports.

Denmark, with a CAGR of +14.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, surging by 2.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per ton) and Denmark ($X per ton), while Sweden ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+6.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform