Report Update Nov 1, 2024

Venezuela - Prepared or Preserved Crab Meat - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Venezuela

For the third year in a row, the Venezuelan market for prepared or preserved crab meat recorded decline in sales value, which decreased by -1.8% to $X in 2021. Over the period under review, consumption, however, continues to indicate a mild decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Prepared Or Preserved Crab Meat in Venezuela

In value terms, prepared or preserved crab meat production expanded modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by 22%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports from Venezuela

In 2021, prepared or preserved crab meat exports from Venezuela reached X tons, with an increase of 11% on the previous year. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 41% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, prepared or preserved crab meat exports soared to $X in 2021. Overall, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for prepared or preserved crab meat exports from Venezuela, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +7.2%.

In value terms, the United States ($X) also remains the key foreign market for prepared or preserved crab meat exports from Venezuela.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +15.0%.

Export Prices by Country

The average export price for prepared or preserved crab meat stood at $X per ton in 2021, with an increase of 50% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% 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 export price increased by +74.3% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, 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 +7.2% per year.

Imports of Prepared Or Preserved Crab Meat

Imports into Venezuela

In 2021, overseas purchases of prepared or preserved crab meat increased by 42% to X tons, rising for the fourth year in a row after five years of decline. Overall, imports, however, showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, prepared or preserved crab meat imports rose remarkably to $X in 2021. In general, imports, however, faced a sharp decrease. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) was the main supplier of prepared or preserved crab meat to Venezuela, accounting for a 99% share of total imports. It was followed by the United States (X kg), with a 1.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Thailand totaled -12.0%.

In value terms, Thailand ($X) constituted the largest supplier of prepared or preserved crab meat to Venezuela, comprising 95% of total imports. The second position in the ranking was taken by the United States ($X), with a 2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand amounted to -17.3%.

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 -22.9% against the previous year. In general, the import price, however, enjoyed notable growth. The growth pace was the most rapid in 2016 an increase of 176%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for Thailand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared or preserved crab meat in the world?

The countries with the highest volumes of prepared or preserved crab meat consumption in 2021 were the United States, India and China, together comprising 27% of global consumption.

What are the largest producers of prepared or preserved crab meat in the world?

The countries with the highest volumes of prepared or preserved crab meat production in 2021 were China, India and Indonesia, together comprising 29% of global production. Pakistan, Nigeria, Bangladesh, Russia, Brazil, Germany, Mexico, Turkey, the UK and Vietnam lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of prepared or preserved crab meat to Venezuela?

In value terms, the United States constituted the largest supplier of prepared or preserved crab meat to Venezuela.

What are the leading importers of prepared or preserved crab meat from Venezuela?

In value terms, the United States remains the key foreign market for prepared or preserved crab meat exports from Venezuela.

What is the average export price for prepared or preserved crab meat in Venezuela?

In 2021, the average export price for prepared or preserved crab meat amounted to $15,781 per ton, waning by -5.2% against the previous year.

What is the average import price for prepared or preserved crab meat in Venezuela?

The average import price for prepared or preserved crab meat stood at $5,796 per ton in 2021, with an increase of 4.5% against the previous year.

This report provides an in-depth analysis of the market for prepared or preserved 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023