Middle East: Market for Crabs and Crab Meat 2024

Market Size for Crabs and Crab Meat in the Middle East

In 2023, the Middle Eastern crab and crab meat market decreased by X% to $X, falling for the second year in a row after two years of growth. The total consumption indicated a pronounced 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, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Crabs and Crab Meat in the Middle East

In value terms, crab and crab meat production totaled $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 indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Exports of Crabs and Crab Meat

Exports in the Middle East

In 2023, exports of crabs and crab meat in the Middle East dropped to X tons, waning by X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, crab and crab meat exports declined to $X in 2023. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Bahrain dominates exports structure, accounting for X tons, which was near X% of total exports in 2023. Iran (X tons) took the second position in the ranking, followed by Saudi Arabia (X tons). All these countries together held near X% share of total exports. Yemen (X tons) took a relatively small share of total exports.

Exports from Bahrain increased at an average annual rate of X% from 2012 to 2023. At the same time, Saudi Arabia (X%), Iran (X%) and Yemen (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. Iran (X p.p.) and Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total exports, while Bahrain saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bahrain ($X) remains the largest crab and crab meat supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Bahrain stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Yemen (X% per year).

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Imports of Crabs and Crab Meat

Imports in the Middle East

In 2023, overseas purchases of crabs and crab meat decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, crab and crab meat imports contracted to $X in 2023. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the key importing country with an import of about X tons, which recorded X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Israel (X%) and Oman (X%). The following importers - Jordan (X tons), Qatar (X tons) and Turkey (X tons) - together made up X% of total imports.

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

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported crabs and crab meat in the Middle East, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price recorded a measured expansion. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform