Portugal - Crabs And Crabs Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crab and Crab Meat in Portugal - 2023
Contents:
- Price for Crab and Crab Meat in Portugal (CIF) - 2023
- Price for Crab and Crab Meat in Portugal (FOB) - 2023
- Imports of Crab and Crab Meat in Portugal
- Exports of Crab and Crab Meat in Portugal
Price for Crab and Crab Meat in Portugal (CIF) - 2023
In August 2023, the average crab and crab meat import price amounted to $6,009 per ton, falling by -7.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 20% against the previous month. Over the period under review, average import prices reached the peak figure at $9,363 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($9,135 per ton), while the price for Mozambique ($3,894 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Senegal (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crab and Crab Meat in Portugal (FOB) - 2023
In August 2023, the average crab and crab meat export price amounted to $9,767 per ton, shrinking by -1.9% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 8.6% m-o-m. The export price peaked at $11,440 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the Netherlands ($11,690 per ton), while the average price for exports to Spain ($5,866 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.5%), while the prices for the other major destinations experienced a decline.
Imports of Crab and Crab Meat in Portugal
After two years of decline, overseas purchases of crabs and crab meat increased by 26% to 3.7K tons in 2022. Overall, imports, however, showed a relatively flat trend pattern.
In value terms, crab and crab meat imports soared to $29M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Crab and Crab Meat in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.5 | 1.4 | 9.5 | 11.2 | 95.5% |
| Ireland | 1.7 | 1.4 | 3.9 | 5.8 | 50.5% |
| United Kingdom | 15.0 | 10.6 | 4.1 | 5.5 | -28.4% |
| Spain | 4.6 | 3.6 | 3.5 | 4.1 | -3.8% |
| Netherlands | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Others | 4.0 | 2.6 | 1.6 | 2.2 | -18.1% |
| Total | 26.9 | 19.9 | 22.9 | 29.2 | 2.8% |
Top Suppliers of Crab and Crab Meat to Portugal in 2022:
- France (1306.2 tons)
- United Kingdom (965.5 tons)
- Ireland (740.6 tons)
- Spain (404.3 tons)
- Netherlands (64.7 tons)
Exports of Crab and Crab Meat in Portugal
Crab and crab meat exports from Portugal expanded markedly to 1.9K tons in 2022, rising by 8.8% against the year before. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, crab and crab meat exports soared to $17M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 105% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Crab and Crab Meat in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.6 | 5.3 | 6.4 | 7.8 | 5.7% |
| China | 0.8 | 0.2 | 2.0 | 6.5 | 101.0% |
| Netherlands | N/A | N/A | N/A | 1.4 | 0% |
| France | N/A | N/A | 3.1 | 0.7 | -77.4% |
| Hong Kong SAR | N/A | N/A | N/A | 0.5 | 0% |
| Switzerland | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.6 | 0.3 | 0.5 | 0.4 | -12.6% |
| Total | 8.2 | 6.0 | 12.2 | 17.4 | 28.5% |
Top Export Markets for Crab and Crab Meat from Portugal in 2022:
- Spain (1096.6 tons)
- China (446.6 tons)
- Netherlands (170.9 tons)
- France (100.1 tons)
- Hong Kong SAR (45.8 tons)
- Switzerland (18.8 tons)
This report provides an in-depth analysis of the market for crab and crab meat in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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