Sweden: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Sweden

The Swedish market for prepared or preserved crab meat shrank dramatically to $X in 2021, declining by -21.9% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Prepared or preserved crab meat consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in Sweden

In value terms, prepared or preserved crab meat production rose sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports from Sweden

Prepared or preserved crab meat exports from Sweden surged to X tons in 2021, jumping by 35% against 2020 figures. Overall, exports continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 119%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, prepared or preserved crab meat exports soared to $X in 2021. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 125%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for prepared or preserved crab meat exports from Sweden, accounting for a 53% share of total exports. Moreover, prepared or preserved crab meat exports to France exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.3% per year) and Belgium (+11.4% per year).

In value terms, France ($X) remains the key foreign market for prepared or preserved crab meat exports from Sweden, comprising 55% of total exports. The second position in the ranking was held by Germany ($X), with an 18% share of total exports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.2% per year) and Belgium (+16.3% per year).

Export Prices by Country

In 2021, the average export price for prepared or preserved crab meat amounted to $X per ton, rising by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

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 Ireland ($X per ton), while the average price for exports to Denmark ($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 the UK (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into Sweden

Prepared or preserved crab meat imports into Sweden stood at X tons in 2021, remaining constant against 2020. Overall, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +15.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 58%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports rose rapidly to $X in 2021. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 115% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Norway (X tons), Ireland (X tons) and Denmark (X tons) were the main suppliers of prepared or preserved crab meat imports to Sweden, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +34.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Ireland ($X) and Vietnam ($X) were the largest prepared or preserved crab meat suppliers to Sweden, together accounting for 95% of total imports. These countries were followed by Denmark, which accounted for a further 2.6%.

Among the main suppliers, Denmark, with a CAGR of +27.0%, recorded 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

The average import price for prepared or preserved crab meat stood at $X per ton in 2021, with an increase of 8% against the previous year. Overall, import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, prepared or preserved crab meat import price decreased by -0.6% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 40%. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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