Denmark: Market for Prepared Or Preserved Crab Meat 2024

Market Size for Prepared Or Preserved Crab Meat in Denmark

In 2022, the Danish market for prepared or preserved crab meat was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption enjoyed a noticeable increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Prepared Or Preserved Crab Meat in Denmark

In value terms, prepared or preserved crab meat production fell slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Prepared Or Preserved Crab Meat

Exports from Denmark

After two years of growth, shipments abroad of prepared or preserved crab meat decreased by X% to X tons in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then fell modestly in the following year.

In value terms, prepared or preserved crab meat exports expanded sharply to $X in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for prepared or preserved crab meat exports from Denmark, with a X% share of total exports. Moreover, prepared or preserved crab meat exports to the United States exceeded the volume sent to the second major destination, France (X tons), more than tenfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

In value terms, the United States ($X) remains the key foreign market for prepared or preserved crab meat exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and France (X% per year).

Export Prices by Country

The average export price for prepared or preserved crab meat stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a mild curtailment. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average 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 Italy ($X per ton), while the average price for exports to Norway ($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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Or Preserved Crab Meat

Imports into Denmark

In 2022, supplies from abroad of prepared or preserved crab meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded tangible growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, prepared or preserved crab meat imports reduced remarkably to $X in 2022. Over the period under review, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

In 2022, Norway (X tons) constituted the largest prepared or preserved crab meat supplier to Denmark, with a X% share of total imports. Moreover, prepared or preserved crab meat imports from Norway exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Norway stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and China (X% per year).

In value terms, China ($X), France ($X) and Norway ($X) constituted the largest prepared or preserved crab meat suppliers to Denmark, together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded 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

The average import price for prepared or preserved crab meat stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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