Belgium: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in Belgium

In 2022, the Belgian crab and crab meat market increased by X% to $X, rising for the second year in a row after four years of decline. In general, consumption, however, saw a relatively flat trend pattern. Crab and crab meat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Crabs and Crab Meat in Belgium

In value terms, crab and crab meat production fell to $X in 2022 estimated in export price. In general, production recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Crab and crab meat production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Crabs and Crab Meat

Exports from Belgium

In 2022, shipments abroad of crabs and crab meat decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, crab and crab meat exports dropped markedly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

France (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of crab and crab meat exports from Belgium, with a combined X% share of total exports. Portugal, Germany, Denmark and Luxembourg lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for crabs and crab meat exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Spain (X% per year).

Export Prices by Country

The average crab and crab meat export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crabs and Crab Meat

Imports into Belgium

In 2022, overseas purchases of crabs and crab meat increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, crab and crab meat imports rose remarkably to $X in 2022. Overall, imports, however, recorded a slight descent. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

France (X tons), Chile (X tons) and China (X tons) were the main suppliers of crab and crab meat imports to Belgium, with a combined X% share of total imports. Luxembourg, the Netherlands, Senegal, Myanmar, South Korea, Ireland, Nigeria, Bangladesh, Sweden and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Chile ($X) and Luxembourg ($X) were the largest crab and crab meat suppliers to Belgium, with a combined X% share of total imports. The Netherlands, Sweden, South Korea, Denmark, Ireland, China, Myanmar, Bangladesh, Nigeria and Senegal lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Senegal, with a CAGR of X%, saw the highest growth rate of 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 2022, the average crab and crab meat import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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