In 2023, Russia led the global frozen crab exports, valued significantly higher than other countries. Canada followed, while China showed a slight decline in its value. Norway and Estonia presented notable growth in their exports. Smaller economies like Brazil and Peru reported explosive growth rates, while Taiwan and Greece experienced steep declines. The combined robust growth from several Southeast Asian countries indicates the growing role of this region in the global market.
Looking ahead, the global market for frozen crabs will likely see:
- Continued dominance by Russia, with potential growth from Canada and Norway.
- Increasing importance of emerging markets such as Brazil and Peru.
- A potential shift towards Asian countries, driven by demand and increased production capabilities.
- The impact of climate change on crab habitats, which may influence future export volumes and values.
Top countries in Frozen Crabs Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 2,061,500,000 | 2023 | +18.24% | +25.23% | View data |
| 2 | 2 Canada | 989,120,000 | 2023 | +5.64% | +2.79% | View data |
| 3 | 3 China | 247,280,000 | 2023 | +5.05% | -2.82% | View data |
| 4 | 4 Norway | 146,210,000 | 2023 | +3.55% | +24.12% | View data |
| 5 | 5 Chile | 97,861,000 | 2023 | +13.23% | +1.35% | View data |
| 6 | 6 Vietnam | 51,602,000 | 2023 | +7.7% | +1.6% | View data |
| 7 | 7 South Korea | 37,004,000 | 2023 | +0.43% | +3.9% | View data |
| 8 | 8 Netherlands | 30,733,000 | 2023 | +5.3% | +12.98% | View data |
| 9 | 9 Mexico | 28,263,000 | 2023 | +24.82% | +9% | View data |
| 10 | 10 Thailand | 27,491,000 | 2023 | +9.05% | +5.73% | View data |
