Thailand: Market for Prepared Or Preserved Crab Meat 2025

Market Size for Prepared Or Preserved Crab Meat in Thailand

In 2021, the Thai market for prepared or preserved crab meat was finally on the rise to reach $X after two years of decline. In general, consumption, however, showed a perceptible reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Prepared Or Preserved Crab Meat in Thailand

In value terms, prepared or preserved crab meat production surged to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt downturn. Prepared or preserved crab meat production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports from Thailand

In 2021, overseas shipments of prepared or preserved crab meat were finally on the rise to reach X tons after six years of decline. In general, exports, however, continue to indicate a abrupt decline. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep reduction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for prepared or preserved crab meat exports from Thailand, with a 61% share of total exports. Moreover, prepared or preserved crab meat exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), sixfold. The third position in this ranking was taken by Canada (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-1.3% per year) and Canada (-7.8% per year).

In value terms, the United States ($X) remains the key foreign market for prepared or preserved crab meat exports from Thailand, comprising 67% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.9% share of total exports. It was followed by Canada, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+15.7% per year) and Canada (-2.8% per year).

Export Prices by Country

The average export price for prepared or preserved crab meat stood at $X per ton in 2021, surging by 10% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 28%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Japan ($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 Singapore (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into Thailand

In 2021, the amount of prepared or preserved crab meat imported into Thailand skyrocketed to X tons, rising by 15% against 2020. Overall, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 66% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, prepared or preserved crab meat imports fell notably to $X in 2021. In general, imports, however, recorded a pronounced descent. The growth pace was the most rapid in 2018 with an increase of 199% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Vietnam (X tons), China (X tons) and Japan (X tons) were the main suppliers of prepared or preserved crab meat imports to Thailand, together comprising 75% of total imports. Indonesia, South Korea, the Philippines and India lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +164.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Japan ($X) and Indonesia ($X) appeared to be the largest prepared or preserved crab meat suppliers to Thailand, together comprising 73% of total imports.

Indonesia, with a CAGR of +166.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, with a decrease of -28.8% against the previous year. Overall, the import price, however, saw a strong increase. The growth pace was the most rapid in 2018 when the average import price increased by 81%. The import price peaked at $X per ton in 2019; however, from 2020 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 Japan ($X per ton), while the price for the Philippines ($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 United States (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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