Greece: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Greece

The Greek market for prepared or preserved crab meat rose modestly to $X in 2023, surging by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Prepared or preserved crab meat consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Prepared Or Preserved Crab Meat in Greece

In value terms, prepared or preserved crab meat production expanded modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. 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 from Greece

After two years of growth, shipments abroad of prepared or preserved crab meat decreased by X% to X tons in 2023. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, prepared or preserved crab meat exports reduced dramatically to $X in 2023. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for prepared or preserved crab meat exports from Greece, accounting for a X% share of total exports. Moreover, prepared or preserved crab meat exports to Ireland exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was taken by Sweden (X tons), with a X% share.

From 2013 to 2023, the average annual growth rate of volume to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Sweden (X% per year).

In value terms, Ireland ($X), Poland ($X) and Sweden ($X) appeared to be the largest markets for prepared or preserved crab meat exported from Greece worldwide, together comprising X% of total exports. Germany and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for prepared or preserved crab meat amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Or Preserved Crab Meat

Imports into Greece

In 2023, after six years of growth, there was significant decline in supplies from abroad of prepared or preserved crab meat, when their volume decreased by X% to X tons. Overall, imports, however, posted a strong expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then fell remarkably in the following year.

In value terms, prepared or preserved crab meat imports contracted to $X in 2023. Over the period under review, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Indonesia (X tons), Portugal (X tons) and Spain (X tons) were the main suppliers of prepared or preserved crab meat imports to Greece, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constituted the largest supplier of prepared or preserved crab meat to Greece, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Indonesia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Portugal (X% per year).

Import Prices by Country

The average import price for prepared or preserved crab meat stood at $X per ton in 2023, approximately equating the previous year. Over the period under review, the import price saw a tangible increase. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform