South-Eastern Asia: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in South-Eastern Asia

The Southeast Asian market for frozen crabs and crabs meat was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption posted notable growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Frozen Crabs And Crabs Meat in South-Eastern Asia

In value terms, frozen crab and crab meat production totaled $X in 2021 estimated in export price. In general, production recorded a slight downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 21%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Frozen Crabs And Crabs Meat

Exports in South-Eastern Asia

In 2021, the amount of frozen crabs and crabs meat exported in South-Eastern Asia shrank slightly to X tons, reducing by -4.6% compared with the year before. Overall, exports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2019 when exports increased by 44% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen crab and crab meat exports rose modestly to $X in 2021. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2019 with an increase of 47% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Myanmar (X tons) represented the major exporter of frozen crabs and crabs meat, making up 47% of total exports. Thailand (X tons) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (12%), Indonesia (11%) and Malaysia (7.8%).

Myanmar was also the fastest-growing in terms of the frozen crabs and crabs meat exports, with a CAGR of +1.7% from 2012 to 2021. Malaysia and Thailand experienced a relatively flat trend pattern. Vietnam (-7.9%) and Indonesia (-12.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Myanmar, Thailand and Malaysia increased by +17, +5.3 and +2.1 percentage points, respectively.

In value terms, Myanmar ($X) remains the largest frozen crab and crab meat supplier in South-Eastern Asia, comprising 45% of total exports. The second position in the ranking was held by Thailand ($X), with a 21% share of total exports. It was followed by Vietnam, with a 15% share.

In Myanmar, frozen crab and crab meat exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Thailand (+1.7% per year) and Vietnam (-7.8% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, surging by 6.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 22% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+1.5%), while the other leaders experienced more modest paces of growth.

Imports of Frozen Crabs And Crabs Meat

Imports in South-Eastern Asia

After two years of decline, supplies from abroad of frozen crabs and crabs meat increased by 7.3% to X tons in 2021. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2018 when imports increased by 65%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen crab and crab meat imports amounted to $X in 2021. In general, imports continue to indicate a modest expansion. The growth pace was the most rapid in 2018 with an increase of 39%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Indonesia (X tons) and Thailand (X tons) represented roughly 62% of total imports in 2021. It was distantly followed by Vietnam (X tons) and Malaysia (X tons), together mixing up a 35% share of total imports. Singapore (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +21.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen crab and crab meat importing markets in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Thailand ($X), with a combined 87% share of total imports.

Thailand, with a CAGR of +12.2%, saw the highest rates of growth with regard to the value of imports, among 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 South-Eastern Asia amounted to $X per ton, growing by 2% against the previous year. Overall, the import price, however, showed a pronounced downturn. The growth pace was the most rapid in 2016 an increase of 10% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+6.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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