U.S.: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in the U.S.

The U.S. crabs, not frozen market rose modestly to $X in 2022, increasing by 1.6% against the previous year. Over the period under review, consumption continues to indicate a significant expansion. Crabs, not frozen consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Crabs, Not Frozen Production in the U.S.

In value terms, crabs, not frozen production stood at $X in 2022. Overall, production saw a strong increase. The growth pace was the most rapid in 2015 with an increase of 85% against the previous year. Crabs, not frozen production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Crabs, Not Frozen Exports

Exports from the U.S.

In 2016, after three years of decline, there was significant growth in shipments abroad of crabs, not frozen, when their volume increased by 59% to X tons. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

In value terms, crabs, not frozen exports surged to $X in 2016. The total export value increased at an average annual rate of +8.7% from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for crabs, not frozen exports from the United States, with a 71% share of total exports. Moreover, crabs, not frozen exports to Canada exceeded the volume sent to the second major destination, China (X tons), threefold.

From 2012 to 2016, the average annual rate of growth in terms of volume to Canada stood at -15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-6.5% per year) and Vietnam (+250.1% per year).

In value terms, the largest markets for crabs, not frozen exported from the United States were Canada ($X), China ($X) and Vietnam ($X), together accounting for 97% of total exports.

Vietnam, with a CAGR of +293.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2016, the average crabs, not frozen export price amounted to $X per ton, with a decrease of -3.5% against the previous year. Over the period under review, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 86%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to China (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Crabs, Not Frozen Imports

Imports into the U.S.

Crabs, not frozen imports into the United States reduced markedly to X tons in 2016, waning by -23.5% compared with the previous year. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 59% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2016, the growth of imports remained at a lower figure.

In value terms, crabs, not frozen imports totaled $X in 2016. In general, total imports indicated a remarkable increase from 2012 to 2016: its value increased at an average annual rate of +7.8% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports decreased by -1.5% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of 48% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2016, the growth of imports failed to regain momentum.

Imports by Country

Canada (X tons), Indonesia (X tons) and South Korea (X tons) were the main suppliers of crabs, not frozen imports to the United States, with a combined 59% share of total imports. Norway, the Philippines, India and Vietnam lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2016, the biggest increases were recorded for the Philippines (with a CAGR of +5,968.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crabs, not frozen suppliers to the United States were Norway ($X), Indonesia ($X) and Canada ($X), together accounting for 51% of total imports. South Korea, the Philippines, India and Vietnam lagged somewhat behind, together accounting for a further 33%.

In terms of the main suppliers, the Philippines, with a CAGR of +3,831.4%, saw 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

In 2016, the average crabs, not frozen import price amounted to $X per ton, jumping by 34% against the previous year. In general, import price indicated strong growth from 2012 to 2016: its price increased at an average annual rate of +13.4% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 35%. The import price peaked in 2016 and is likely to see gradual growth in years to come.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Canada (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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