Frozen Abalone Market

Frozen abalone market: discover the latest info enhanced by an Ai-driven business intelligence platform. Statistics contain production, exports, imports, trade, market size, market prices, consumption, and companies. There is a breakdown by country, including the U.S., Russia, Africa, the Middle East, China, Latin America, EU, and the U.K. Market dynamics and forecast to 2030 are also provided in the reports.


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Frozen Abalone - World's Largest Markets

RatingCountry
1China
2South Africa
3Hong Kong SAR
4Zimbabwe
5Australia

In value terms, China led the market, alone. The second position in the ranking was occupied by South Africa. It was followed by Hong Kong SAR.

In China, the frozen abalone market increased at an average annual rate of +18.2% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: South Africa (+71.3% per year) and Hong Kong SAR (+62.8% per year).

Frozen Abalone Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Malaysia667061956118-4.2%
Congo861775566625-12.3%
Mozambique861775566625-12.3%
Hong Kong SAR271621477010313-38.4%
Philippines122451152211444-3.3%
Zimbabwe1319314313155298.5%
Taiwan (Chinese)186981774615809-8.0%
Chile189601881218894-0.2%
Bulgaria217082065919660-4.8%
South Korea2297124374231980.5%
China403684186030944-12.4%
Mexico5379156859572083.1%
Australia678346460466336-1.1%
Average381143129123306-21.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Australia ($66,336 per ton), while Malaysia ($6,118 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Zimbabwe, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Hong Kong SAR5874656148650205.2%
United States399564711639784-0.2%
Japan305672925328550-3.4%
China457713910524989-26.1%
Canada425015001121811-28.4%
South Korea123541234111995-1.5%
United Arab Emirates5321536054090.8%
Taiwan (Chinese)9337111965169-25.6%
Average400423138423711-23.0%

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($65,020 per ton), while Taiwan (Chinese) ($5,169 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced mixed trends in the import price figures.

Frozen Abalone - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Hong Kong SAR855716-56.5%
Japan353712-40.6%
United States9.369.83.1%
China8.4125.4-19.8%
Canada10124.6-33.5%

In value terms, Hong Kong SAR ($16M), Japan ($12M) and the United States ($9.8M) appeared to be the countries with the highest levels of imports in 2020, together comprising 50% of global imports. China, Canada, South Korea, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together accounting for a further 24%.

Among the main importing countries, Taiwan (Chinese) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Frozen Abalone - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Australia474424-28.8%
China101949.7-69.0%
Chile7.48.36.9-3.1%
Bulgaria5.86.36.87.8%
South Korea43.64.10.2%

In value terms, Australia ($24M) emerged as the largest frozen abalone supplier worldwide, comprising 32% of global exports. The second position in the ranking was occupied by China ($9.7M), with a 13% share of global exports. It was followed by Chile, with a 9.4% share.

In Australia, frozen abalone exports contracted by an average annual rate of -28.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-69.0% per year) and Chile (-3.1% per year).

Frozen Abalone - Market Forecast

Driven by increasing demand for frozen abalone worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Frozen Abalone - Product Coverage

  • HS 030783 - Molluscs; abalone (Haliotis spp.), whether in shell or not, frozen
  • HS 030789 - Molluscs; abalone (Haliotis spp.), whether in shell or not, frozen, dried, salted, in brine, or smoked, cooked or not before or during the smoking process
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Australia and Oceania - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Australia and Oceania.

CIS - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in CIS.

Africa - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Africa.

Asia-Pacific - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Asia-Pacific.

Northern America - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Northern America.

Asia - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Asia.

Latin America and the Caribbean - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Latin America and the Caribbean.

Central Asia - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Central Asia.

Europe - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in Europe.

MENA - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the frozen crustaceans market in MENA.

Geography