U.S. - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMolluscs Price in the United States - 2023
Contents:
- Molluscs Price in the United States (CIF) - 2023
- Molluscs Price in the United States (FOB) - 2023
- Molluscs Imports in the United States
- Molluscs Exports in the United States
Molluscs Price in the United States (CIF) - 2023
In October 2023, the average molluscs import price amounted to $8,492 per ton, increasing by 4.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in December 2022 when the average import price increased by 9.1% m-o-m. The import price peaked in October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($25,297 per ton), while the price for Chile ($2,744 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Chile (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Molluscs Price in the United States (FOB) - 2023
In October 2023, the average molluscs export price amounted to $4,496 per ton, surging by 16% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 31% month-to-month. As a result, the export price reached the peak level of $5,415 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($12,630 per ton), while the average price for exports to Mexico ($1,235 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Molluscs Imports in the United States
Molluscs imports into the United States dropped modestly to 127K tons in 2022, which is down by -2.6% against the year before. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 130K tons, and then dropped modestly in the following year.
In value terms, molluscs imports surged to $1B in 2022. In general, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Molluscs in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 61.7 | 36.8 | 93.7 | 163 | 38.2% |
| Spain | 82.1 | 43.2 | 122 | 156 | 23.9% |
| China | 164 | 96.5 | 143 | 131 | -7.2% |
| India | 44.7 | 31.4 | 53.0 | 94.0 | 28.1% |
| Argentina | 19.7 | 30.8 | 57.6 | 92.9 | 67.7% |
| New Zealand | 67.8 | 61.9 | 84.1 | 76.6 | 4.2% |
| Indonesia | 29.7 | 13.2 | 25.9 | 35.0 | 5.6% |
| Thailand | 26.9 | 20.8 | 27.7 | 34.3 | 8.4% |
| Peru | 31.0 | 34.4 | 60.5 | 34.2 | 3.3% |
| Vietnam | 11.2 | 10.6 | 17.0 | 20.1 | 21.5% |
| Taiwan (Chinese) | 31.5 | 12.0 | 24.5 | 19.8 | -14.3% |
| Philippines | 18.6 | 11.5 | 16.8 | 18.5 | -0.2% |
| Chile | 25.0 | 17.9 | 13.3 | 13.5 | -18.6% |
| Others | 83.1 | 74.3 | 127 | 122 | 13.7% |
| Total | 697 | 495 | 867 | 1,011 | 13.2% |
Top Suppliers of Molluscs to the United States in 2022:
- China (22.6K tons)
- Argentina (16.3K tons)
- Spain (13.6K tons)
- New Zealand (13.3K tons)
- India (13.1K tons)
- Japan (8.2K tons)
- Chile (5.0K tons)
- Peru (4.6K tons)
- Indonesia (4.2K tons)
- Taiwan (Chinese) (3.6K tons)
- Thailand (3.5K tons)
- Philippines (3.3K tons)
- Vietnam (3.1K tons)
Molluscs Exports in the United States
In 2022, the amount of molluscs (scallops, mussels, cuttle fish, squid and octopus) exported from the United States soared to 83K tons, rising by 31% against 2021 figures. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, molluscs exports skyrocketed to $295M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Molluscs in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.0 | 54.0 | 92.7 | 125 | 36.6% |
| France | 18.4 | 15.0 | 20.4 | 33.6 | 22.2% |
| Canada | 38.7 | 36.4 | 37.8 | 28.7 | -9.5% |
| Netherlands | 17.0 | 8.4 | 15.5 | 18.2 | 2.3% |
| Spain | 3.0 | 3.3 | 4.4 | 17.4 | 79.7% |
| Vietnam | 5.4 | 0.8 | 0.7 | 7.8 | 13.0% |
| Japan | 11.6 | 12.4 | 6.0 | 5.2 | -23.5% |
| Italy | 1.8 | 1.6 | 1.8 | 4.6 | 36.7% |
| Mexico | 5.3 | 2.7 | 4.8 | 4.1 | -8.2% |
| Peru | 1.0 | 0.2 | 1.8 | 3.7 | 54.7% |
| Australia | 5.5 | 3.5 | 4.1 | 3.6 | -13.2% |
| South Korea | 4.2 | 5.0 | 3.3 | 2.4 | -17.0% |
| Philippines | 3.6 | 3.2 | 1.3 | 1.9 | -19.2% |
| Others | 46.1 | 35.6 | 30.5 | 38.9 | -5.5% |
| Total | 210 | 182 | 225 | 295 | 12.0% |
Top Export Markets for Molluscs from the United States in 2022:
- China (43.1K tons)
- Spain (5.8K tons)
- Canada (5.6K tons)
- Italy (3.2K tons)
- France (2.6K tons)
- Vietnam (2.5K tons)
- Japan (2.2K tons)
- Mexico (1.7K tons)
- Australia (1.4K tons)
- Peru (1.4K tons)
- Netherlands (1.2K tons)
- Philippines (0.8K tons)
- South Korea (0.5K tons)
This report provides an in-depth analysis of the molluscs market in the U.S.. 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:
- Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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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