Crustacean preparations: shrimps and prawns, prepared or preserved, in airtight containers

In 2024, crustacean preparations: shrimps and prawns, prepared or preserved, in airtight containers trade exhibited strong growth, with global flows reaching $3,305,265,992 and a three-year compound annual growth rate of +3.5% (five-year: +6.8%). The all-time peak of $3,305,265,992 was recorded in 2024.

Over the 30-year observation window (1995–2024), 79% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-4.1% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.179). The three largest exporters — China ($962.7M), Vietnam ($866.4M), and India ($328.6M) — collectively dominate supply flows. The leading exporter has grown at +19.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.087). The three largest import markets are United States ($688.6M), Malaysia ($364.5M), and Japan ($329.5M). The largest importing market sources from 38 different supplying countries.

The dominant trade corridor is China → Malaysia at $359.0M, representing 98.5% of the importer's total demand.

The volatility score for crustacean preparations: shrimps and prawns, prepared or preserved, in airtight containers is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.