Colombia - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends and Insights
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View PricingColombia: Market for Frozen Scallops, Including Queen Scallop 2024
Market Size for Frozen Scallops, Including Queen Scallop in Colombia
The Colombian market for frozen scallops, including queen scallop contracted sharply to $X in 2023, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt decline. Frozen scallops, including queen scallop consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.
Exports of Frozen Scallops, Including Queen Scallop
Exports from Colombia
In 2020, approx. X kg of frozen scallops, including queen scallop were exported from Colombia; remaining stable against the year before. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of X% was in 2016. Over the period under review, the exports reached the maximum in 2020 and are expected to retain growth in years to come.
In value terms, frozen scallops, including queen scallop exports stood at $X in 2020. Overall, exports recorded a significant expansion. The smallest decline of X% was in 2016. Over the period under review, the exports attained the maximum in 2020 and are likely to see gradual growth in years to come.
Exports by Country
Norway (X kg) was the main destination for frozen scallops, including queen scallop exports from Colombia, accounting for a X% share of total exports. Moreover, frozen scallops, including queen scallop exports to Norway exceeded the volume sent to the second major destination, Aruba (X kg), ninefold.
From 2013 to 2020, the average annual growth rate of volume to Norway was relatively modest.
From 2013 to 2020, the average annual growth rate of value to Norway was relatively modest.
Export Prices by Country
In 2020, the average export price for frozen scallops, including queen scallop amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated a prominent expansion from 2013 to 2020: its price increased at an average annual rate of X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2020, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Aruba totaled $X per ton.
From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Scallops, Including Queen Scallop
Imports into Colombia
In 2023, the amount of frozen scallops, including queen scallop imported into Colombia reduced markedly to X tons, declining by X% on 2022. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2022 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
In value terms, frozen scallops, including queen scallop imports shrank markedly to $X in 2023. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, the United States (X tons) constituted the largest supplier of frozen scallops, including queen scallop to Colombia, with a X% share of total imports. Moreover, frozen scallops, including queen scallop imports from the United States exceeded the figures recorded by the second-largest supplier, the Philippines (X kg), sevenfold. Spain (X kg) ranked third in terms of total imports with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Spain (X% per year).
In value terms, the United States ($X) constituted the largest supplier of frozen scallops, including queen scallop to Colombia, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Japan, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Japan (X% per year).
Import Prices by Country
In 2023, the average import price for frozen scallops, including queen scallop amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2022 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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