Eastern Europe: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Eastern Europe

After two years of growth, the East European market for prepared or preserved crab meat decreased by X% to $X in 2023. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2022, and then plummeted in the following year.

Production of Prepared Or Preserved Crab Meat in Eastern Europe

In value terms, prepared or preserved crab meat production amounted to $X in 2023 estimated in export price. The total production indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports in Eastern Europe

In 2023, overseas shipments of prepared or preserved crab meat were finally on the rise to reach X tons after four years of decline. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared or preserved crab meat exports surged to $X in 2023. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Russia (X tons) represented roughly X% of total exports in 2023.

Russia was also the fastest-growing in terms of the prepared or preserved crab meat exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Russia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest prepared or preserved crab meat supplier in Eastern Europe.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2023, the rate of growth in terms of prices for Russia amounted to X% per year.

Imports of Prepared Or Preserved Crab Meat

Imports in Eastern Europe

In 2023, the amount of prepared or preserved crab meat imported in Eastern Europe contracted slightly to X tons, declining by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, prepared or preserved crab meat imports shrank to $X in 2023. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Russia (X tons) represented the main importer of prepared or preserved crab meat, creating X% of total imports. Latvia (X tons) ranks second in terms of the total imports with an X% share, followed by Lithuania (X%), Poland (X%), Romania (X%), the Czech Republic (X%) and Estonia (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Lithuania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Latvia ($X) and Lithuania ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The Czech Republic, Romania, Estonia and Poland lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Romania, with a CAGR of X%, 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

In 2023, the import price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform