Slovakia: Market for Prepared Or Preserved Crab Meat 2025

Market Size for Prepared Or Preserved Crab Meat in Slovakia

The Slovak market for prepared or preserved crab meat was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, recorded a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports from Slovakia

In 2021, shipments abroad of prepared or preserved crab meat decreased by -58% to X kg, falling for the second year in a row after three years of growth. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 780%. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, prepared or preserved crab meat exports shrank markedly to $X in 2021. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2018 when exports increased by 1,053%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X kg) was the main destination for prepared or preserved crab meat exports from Slovakia, accounting for a 66% share of total exports. Moreover, prepared or preserved crab meat exports to Hungary exceeded the volume sent to the second major destination, Austria (X kg), twofold.

From 2017 to 2021, the average annual growth rate of volume to Hungary stood at +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+20.4% per year) and the Czech Republic (-51.9% per year).

In value terms, Hungary ($X) remains the key foreign market for prepared or preserved crab meat exports from Slovakia, comprising 65% of total exports. The second position in the ranking was taken by Austria ($X), with a 28% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Hungary totaled -12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+17.8% per year) and the Czech Republic (-51.0% per year).

Export Prices by Country

The average export price for prepared or preserved crab meat stood at $X per ton in 2021, waning by -23.5% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 31%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Or Preserved Crab Meat

Imports into Slovakia

In 2021, supplies from abroad of prepared or preserved crab meat increased by 257% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2018 with an increase of 485%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, prepared or preserved crab meat imports surged to $X in 2021. Overall, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2018 when imports increased by 405%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest prepared or preserved crab meat supplier to Slovakia, accounting for a 56% share of total imports. Moreover, prepared or preserved crab meat imports from Indonesia exceeded the figures recorded by the second-largest supplier, Austria (X kg), threefold. Hungary (X kg) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia totaled -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+100.0% per year) and Hungary (0.0% per year).

In value terms, the largest prepared or preserved crab meat suppliers to Slovakia were Indonesia ($X), the Czech Republic ($X) and Austria ($X), together accounting for 79% of total imports.

Among the main suppliers, Austria, with a CAGR of +121.0%, saw the highest rates of growth with regard to 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

In 2021, the average import price for prepared or preserved crab meat amounted to $X per ton, falling by -25.9% against the previous year. Over the period under review, the import price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2014 an increase of 73% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat 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 the Czech Republic ($X per ton), while the price for Hungary ($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 Czech Republic (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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