Japan dominates the global frozen crab imports market with a substantial share, experiencing a modest growth of 1.34% year-on-year in 2023. Vietnam and Denmark show significant year-on-year increases of 18.12% and 22.28% respectively, underscoring their growing importance. Notably, New Zealand, Argentina, and Latvia recorded impressive rises of 14.91%, 47.81%, and 16.91% respectively. Conversely, markets like Hungary and Israel experienced declines of 20.19% and 6.38% respectively.
Future trends to watch include:
- Potential growth in markets such as India and the Philippines with 26.7% and 15.68% increases in 2023.
- The impact of economic changes on European countries with stable yet modest shares, like the United Kingdom and Spain.
- Shifts in consumer preferences and sustainability practices affecting the overall frozen crab market landscape.
Top countries in Frozen Crabs Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 58.68 | 2023 | +7.14% | +1.34% | View data |
| 2 | 2 Vietnam | 9.89 | 2023 | +28.51% | +18.12% | View data |
| 3 | 3 Thailand | 8.27 | 2023 | +22.14% | +7.79% | View data |
| 4 | 4 Indonesia | 7.75 | 2023 | +10.55% | +2.28% | View data |
| 5 | 5 Denmark | 6.33 | 2023 | +13.87% | +22.28% | View data |
| 6 | 6 Spain | 5.39 | 2023 | +11.09% | +5.44% | View data |
| 7 | 7 United Kingdom | 1.79 | 2023 | +11.12% | +6.25% | View data |
| 8 | 8 Malaysia | 1.29 | 2023 | +5.84% | -1.14% | View data |
| 9 | 9 Sweden | 1.26 | 2023 | +5.67% | +4.49% | View data |
| 10 | 10 Italy | 1.1 | 2023 | +11.81% | +3.36% | View data |
