Northern America: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Northern America

The North American market for prepared or preserved crab meat fell notably to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Northern America

In value terms, prepared or preserved crab meat production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Prepared Or Preserved Crab Meat

Exports in Northern America

In 2023, the amount of prepared or preserved crab meat exported in Northern America fell rapidly to X tons, dropping by X% against the previous year's figure. Over the period under review, exports showed a abrupt decline. The growth pace was the most rapid in 2022 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, prepared or preserved crab meat exports reduced markedly to $X in 2023. In general, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2022 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, the United States (X tons), followed by Canada (X tons) were the largest exporters of prepared or preserved crab meat, together creating X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Canada (with a CAGR of X%).

In value terms, Canada ($X) remains the largest prepared or preserved crab meat supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Canada was relatively modest.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per ton, declining by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Imports of Prepared Or Preserved Crab Meat

Imports in Northern America

In 2023, the amount of prepared or preserved crab meat imported in Northern America reduced to X tons, with a decrease of X% against the previous year's figure. Overall, imports showed a slight reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat imports reduced notably to $X in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, recording X tons, which was near X% of total imports in 2023. Canada (X tons) took a little share of total imports.

The United States was also the fastest-growing in terms of the prepared or preserved crab meat imports, with a CAGR of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported prepared or preserved crab meat in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, prepared or preserved crab meat imports remained relatively stable over the period from 2012-2023.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2022 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform