Eastern Europe: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Eastern Europe

The East European market for frozen scallops, including queen scallop reduced rapidly to $X in 2023, declining by X% against the previous year. In general, consumption recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Frozen Scallops, Including Queen Scallop in Eastern Europe

In value terms, frozen scallops, including queen scallop production reduced slightly to $X in 2023 estimated in export price. Over the period under review, production saw a perceptible reduction. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

Exports of Frozen Scallops, Including Queen Scallop

Exports in Eastern Europe

Frozen scallops, including queen scallop exports skyrocketed to X tons in 2023, increasing by X% on 2022 figures. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, frozen scallops, including queen scallop exports skyrocketed to $X in 2023. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, recording X tons, which was near X% of total exports in 2023. Romania (X tons) took a relatively small share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Russia increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest frozen scallops, including queen scallop supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports.

In Russia, frozen scallops, including queen scallop exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per ton), while Russia stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%).

Imports of Frozen Scallops, Including Queen Scallop

Imports in Eastern Europe

Frozen scallops, including queen scallop imports surged to X tons in 2023, rising by X% on 2022. Over the period under review, imports, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, frozen scallops, including queen scallop imports stood at $X in 2023. In general, imports, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X tons) was the key importer of frozen scallops, including queen scallop, generating X% of total imports. Ukraine (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%) and Moldova (X%). The Czech Republic (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to frozen scallops, including queen scallop imports into Russia stood at X%. At the same time, Moldova (X%), Poland (X%) and Romania (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. The Czech Republic and Ukraine experienced a relatively flat trend pattern. From 2012 to 2023, the share of Moldova, Romania, Ukraine and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported frozen scallops, including queen scallop in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

In Russia, frozen scallops, including queen scallop imports shrank by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and Poland (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform