Southern Asia: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in Southern Asia

The South Asian market for frozen crabs and crabs meat fell to $X in 2021, with a decrease of -7.2% against the previous year. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.7% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Production of Frozen Crabs And Crabs Meat in Southern Asia

In value terms, frozen crab and crab meat production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% 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 when the production volume increased by 40% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Frozen Crabs And Crabs Meat

Exports in Southern Asia

In 2021, the amount of frozen crabs and crabs meat exported in Southern Asia shrank to X tons, with a decrease of -9.6% on the year before. Total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -25.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when exports increased by 39%. As a result, the exports attained 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 reduced to $X in 2021. Overall, exports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2019 with an increase of 43%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan dominates exports structure, finishing at X tons, which was approx. 78% of total exports in 2021. Bangladesh (X tons) ranks second in terms of the total exports with a 9.4% share, followed by Sri Lanka (7.8%) and India (5.1%).

From 2012 to 2021, average annual rates of growth with regard to frozen crab and crab meat exports from Pakistan stood at +16.4%. At the same time, Bangladesh (+38.3%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +38.3% from 2012-2021. By contrast, Sri Lanka (-7.5%) and India (-18.9%) illustrated a downward trend over the same period. Pakistan (+49 p.p.) and Bangladesh (+8.7 p.p.) significantly strengthened its position in terms of the total exports, while Sri Lanka and India saw its share reduced by -14.7% and -43.2% from 2012 to 2021, respectively.

In value terms, the largest frozen crab and crab meat supplying countries in Southern Asia were Pakistan ($X), Bangladesh ($X) and Sri Lanka ($X), together accounting for 95% of total exports.

Among the main exporting countries, Bangladesh, with a CAGR of +51.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, rising by 4.7% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the export price increased by 12%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.3%), while the other leaders experienced a decline in the export price figures.

Imports of Frozen Crabs And Crabs Meat

Imports in Southern Asia

In 2021, imports of frozen crabs and crabs meat in Southern Asia soared to X tons, jumping by 37% on 2020. Total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -18.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 122%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, frozen crab and crab meat imports skyrocketed to $X in 2021. In general, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2019 when imports increased by 172% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) represented the largest importer of frozen crabs and crabs meat, comprising 57% of total imports. Maldives (X tons) held the second position in the ranking, distantly followed by Bangladesh (X tons). All these countries together took near 34% share of total imports. Pakistan (X tons), Sri Lanka (X tons) and Afghanistan (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 key importing countries, was attained by India (with a CAGR of +4.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, India ($X) constitutes the largest market for imported frozen crabs and crabs meat in Southern Asia, comprising 71% of total imports. The second position in the ranking was taken by Maldives ($X), with a 23% share of total imports. It was followed by Pakistan, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value in India stood at +4.7%. In the other countries, the average annual rates were as follows: Maldives (-9.8% per year) and Pakistan (-1.1% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, shrinking by -5.8% against the previous year. In general, the import price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2019 an increase of 23%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat 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 India ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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