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Report Venezuela - Frozen Crabs and Crabs Meat - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Venezuela - Frozen Crabs and Crabs Meat - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Frozen Crabs And Crabs Meat 2025

Market Size for Frozen Crabs And Crabs Meat in Venezuela

The Venezuelan market for frozen crabs and crabs meat declined to $X in 2021, with a decrease of -12.8% against the previous year. Over the period under review, consumption, however, recorded a resilient expansion. Frozen crab and crab meat consumption peaked at $X in 2020, and then contracted in the following year.

Production of Frozen Crabs And Crabs Meat in Venezuela

In value terms, frozen crab and crab meat production contracted to $X in 2021 estimated in export price. In general, production, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 68% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced in the following year.

Exports of Frozen Crabs And Crabs Meat

Exports from Venezuela

For the third year in a row, Venezuela recorded decline in shipments abroad of frozen crabs and crabs meat, which decreased by -84.2% to X tons in 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 375%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen crab and crab meat exports declined significantly to $X in 2021. Over the period under review, exports, however, showed measured growth. The most prominent rate of growth was recorded in 2018 with an increase of 431%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg), Canada (X kg) and the Dominican Republic (X kg) were the main destinations of frozen crab and crab meat exports from Venezuela.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for frozen crabs and crabs meat exports from Venezuela, comprising 57% of total exports. The second position in the ranking was taken by Canada ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and the Dominican Republic (-10.3% per year).

Export Prices by Country

In 2021, the average export price for frozen crabs and crabs meat amounted to $X per ton, growing by 26% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen crab and crab meat export price increased by +80.8% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($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 United States (+7.4%).

Imports of Frozen Crabs And Crabs Meat

Imports into Venezuela

In 2021, the amount of frozen crabs and crabs meat imported into Venezuela shrank remarkably to X tons, waning by -63.1% against the previous year's figure. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2016 when imports increased by 516%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen crab and crab meat imports reduced markedly to $X in 2021. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by 412% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main frozen crab and crab meat supplier to Venezuela, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -11.8%.

In value terms, the United States ($X) constituted the largest supplier of frozen crabs and crabs meat to Venezuela.

From 2012 to 2021, the average annual growth rate of value from the United States totaled -14.9%.

Import Prices by Country

In 2021, the average import price for frozen crabs and crabs meat amounted to $X per ton, surging by 62% against the previous year. Over the period under review, the import price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -3.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of frozen crab and crab meat consumption in 2020 were the United States, Russia and Japan, together comprising 51% of global consumption.
Russia remains the largest frozen crab and crab meat producing country worldwide, comprising approx. 30% of total volume. Moreover, frozen crab and crab meat production in Russia exceeded the figures recorded by the second-largest producer, Canada, twofold. Mexico ranked third in terms of total production with a 10% share.
In value terms, the United States constituted the largest supplier of frozen crab and crab meat to Venezuela.
In value terms, the United States remains the key foreign market for frozen crab and crab meat exports from Venezuela, comprising 88% of total exports. The second position in the ranking was occupied by the Dominican Republic, with a 12% share of total exports.
In 2020, the average export price for frozen crabs and crabs meat amounted to $9,867 per ton, surging by 30% against the previous year.
In 2020, the average import price for frozen crabs and crabs meat amounted to $4,606 per ton, dropping by -22.2% against the previous year.

This report provides an in-depth analysis of the market for frozen crab and crab meat in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Venezuela

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Venezuela
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2024
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms, 2012–2024
      3. Market Value, 2012–2024
      4. Per Capita Consumption In 2012-2024
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country Of Origin, 2012–2024
      8. Exports, In Physical Terms, By Country, 2012–2024
      9. Exports, In Value Terms, By Country, 2012–2024
      10. Export Prices, By Country Of Destination, 2012–2024

    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2024
      2. Market Value, 2012–2024
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
      5. Trade Balance, In Physical Terms, 2012-2024
      6. Trade Balance, In Value Terms, 2012-2024
      7. Per Capita Consumption, 2012-2024
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2024
      22. Production, In Value Terms, 2012–2024
      23. Imports, In Physical Terms, 2012–2024
      24. Imports, In Value Terms, 2012–2024
      25. Imports, In Physical Terms, By Country, 2024
      26. Imports, In Physical Terms, By Country, 2012–2024
      27. Imports, In Value Terms, By Country, 2012–2024
      28. Import Prices, By Country Of Origin, 2012–2024
      29. Exports, In Physical Terms, 2012–2024
      30. Exports, In Value Terms, 2012–2024
      31. Exports, In Physical Terms, By Country, 2024
      32. Exports, In Physical Terms, By Country, 2012–2024
      33. Exports, In Value Terms, By Country, 2012–2024
      34. Export Prices, By Country Of Destination, 2012–2024

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