Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK - 2023

Contents:

1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK (CIF) - 2022
2. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK (FOB) - 2022
3. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK
4. Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK (CIF) - 2022

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $28,488 per ton in 2022, rising by 157% against the previous year. In general, the import price posted resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($36,555 per ton), while the price for Thailand ($8,955 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK (FOB) - 2022

In 2022, the average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $15,282 per ton, reducing by -23.4% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2013 an increase of 143% against the previous year. The export price peaked at $23,507 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($20,785 per ton), while the average price for exports to France ($6,410 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 Germany (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK

Imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds into the UK soared to 48 tons in 2022, picking up by 298% on the year before. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds surged to $1.4M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to the UK in 2022:

1. Japan (26.0 tons)
2. France (17.3 tons)
3. Thailand (2.9 tons)
4. Spain (2.1 tons)

Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the UK

In 2022, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds from the UK skyrocketed to 61 tons, with an increase of 73% compared with the previous year's figure. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 211%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds surged to $933K in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 263% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from the UK in 2022:

1. Australia (41.8 tons)
2. Ireland (2.2 tons)
3. United States (2.0 tons)
4. Singapore (1.9 tons)
5. Malaysia (1.9 tons)

Source: IndexBox Market Intelligence Platform