Spain: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in Spain

The Spanish market for frozen crabs and crabs meat reduced to $X in 2021, falling by -8.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable shrinkage. Frozen crab and crab meat consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Exports of Frozen Crabs And Crabs Meat

Exports from Spain

In 2021, overseas shipments of frozen crabs and crabs meat increased by 22% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports posted a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 317% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, frozen crab and crab meat exports soared to $X in 2021. Over the period under review, exports saw a strong increase. The pace of growth appeared the most rapid in 2016 when exports increased by 132% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Portugal (X tons) and Italy (X tons) were the main destinations of frozen crab and crab meat exports from Spain, together comprising 71% of total exports. Norway, the Netherlands, the UK, Greece, the United Arab Emirates and the United States lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +95.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen crab and crab meat exported from Spain were Portugal ($X), France ($X) and the United Arab Emirates ($X), with a combined 65% share of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +72.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for frozen crabs and crabs meat stood at $X per ton in 2021, surging by 16% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 43%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the United States ($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 Greece (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Crabs And Crabs Meat

Imports into Spain

Frozen crab and crab meat imports into Spain shrank to X tons in 2021, waning by -12.6% compared with the year before. Overall, imports showed a perceptible decline. The pace of growth was the most pronounced in 2019 with an increase of 24% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen crab and crab meat imports shrank slightly to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 41% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Portugal (X tons), Ireland (X tons) and France (X tons) were the main suppliers of frozen crab and crab meat imports to Spain, together accounting for 62% of total imports. These countries were followed by Italy, Senegal, Mauritania, Germany, Denmark, Uruguay, Tunisia, Angola and the UK, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +54.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen crab and crab meat suppliers to Spain were Ireland ($X), Portugal ($X) and France ($X), together comprising 58% of total imports. These countries were followed by Denmark, Germany, Senegal, Mauritania, Angola, Italy, Uruguay, Tunisia and the UK, which together accounted for a further 31%.

Among the main suppliers, Italy, with a CAGR of +47.8%, 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, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. The import price peaked in 2021 and is expected to retain growth in years to come.

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 Denmark ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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