In 2023, the global market for prepared or preserved crab exports was led by China, with a value of $359.03 million, despite experiencing a 12.5% decline from the previous year. India showed significant growth at 25.49%, followed by Denmark's increase of 27.2% and Poland with a 35.35% rise. Notably, countries like Ireland and Thailand saw exports decline by 18.37% and 11.18%, respectively. Over the past five years, the compound annual growth rate (CAGR) showcased India's rising market presence, while traditional leaders like China faced stagnation.
Future trends to watch include technological advancements in food preservation, shifting consumer preferences towards sustainable sourcing, and the impact of geopolitical factors on trade relations. Monitoring the ASEAN region, particularly the Philippines and Thailand, will be essential as they adapt to changes in global demand and supply chain innovations.
Top countries in Prepared or Preserved Crab Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 359,030,000 | 2023 | +5.98% | -12.5% | View data |
| 2 | 2 India | 84,156,000 | 2023 | +22.89% | +25.49% | View data |
| 3 | 3 Philippines | 77,831,000 | 2023 | +9.16% | -0.0083% | View data |
| 4 | 4 Mexico | 42,687,000 | 2023 | +11.17% | -1.69% | View data |
| 5 | 5 Canada | 24,569,000 | 2023 | -1.1% | -0.5% | View data |
| 6 | 6 Thailand | 18,129,000 | 2023 | -12.84% | -11.18% | View data |
| 7 | 7 Denmark | 13,364,000 | 2023 | +23.59% | +27.2% | View data |
| 8 | 8 Japan | 10,392,000 | 2023 | +1.53% | +3.74% | View data |
| 9 | 9 Netherlands | 7,747,200 | 2023 | +3.95% | -5.66% | View data |
| 10 | 10 Ireland | 5,907,600 | 2023 | -1.34% | -18.37% | View data |