Denmark - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Scallops, Including Queen Scallop in Denmark - 2023
Contents:
- Price for Frozen Scallops, Including Queen Scallop in Denmark (CIF) - 2022
- Price for Frozen Scallops, Including Queen Scallop in Denmark (FOB) - 2023
- Imports of Frozen Scallops, Including Queen Scallop in Denmark
- Exports of Frozen Scallops, Including Queen Scallop in Denmark
Price for Frozen Scallops, Including Queen Scallop in Denmark (CIF) - 2022
In 2022, the average import price for frozen scallops, including queen scallop amounted to $10,693 per ton, surging by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. As a result, import price reached 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 ($28,549 per ton), while the price for Faroe Islands ($4,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Scallops, Including Queen Scallop in Denmark (FOB) - 2023
The average export price for frozen scallops, including queen scallop stood at $15,618 per ton in June 2023, waning by -32.4% against the previous month. In general, the export price saw a noticeable decrease. The pace of growth appeared the most rapid in May 2023 an increase of 160% against the previous month. The export price peaked at $23,292 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($33,775 per ton), while the average price for exports to the United States ($11,133 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Scallops, Including Queen Scallop in Denmark
Frozen scallops, including queen scallop imports into Denmark soared to 3.7K tons in 2022, with an increase of 20% compared with the year before. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen scallops, including queen scallop imports soared to $39M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Scallops, Including Queen Scallop in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 5.7 | 8.8 | 10.8 | 18.8 | 48.9% |
Faroe Islands | 5.6 | 7.6 | 7.9 | 8.1 | 13.1% |
United States | 5.8 | 2.0 | 1.1 | 2.6 | -23.5% |
Netherlands | 1.9 | 1.0 | 1.8 | 2.5 | 9.6% |
Japan | N/A | N/A | 0.5 | 2.5 | 400.0% |
Peru | 1.2 | 0.7 | 0.5 | 2.2 | 22.4% |
Greenland | 1.1 | 0.7 | 0.9 | 1.4 | 8.4% |
Others | 2.1 | 1.6 | 3.0 | 1.1 | -19.4% |
Total | 23.4 | 22.4 | 26.4 | 39.1 | 18.7% |
Top Suppliers of Frozen Scallops, Including Queen Scallop to Denmark in 2022:
- Faroe Islands (1868.0 tons)
- Vietnam (983.1 tons)
- Peru (153.3 tons)
- Netherlands (153.0 tons)
- Greenland (136.9 tons)
- United States (106.1 tons)
- Japan (86.6 tons)
Exports of Frozen Scallops, Including Queen Scallop in Denmark
In 2022, after three years of growth, there was decline in shipments abroad of frozen scallops, including queen scallop, when their volume decreased by -1.9% to 2.6K tons. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year.
In value terms, frozen scallops, including queen scallop exports soared to $22M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Frozen Scallops, Including Queen Scallop in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 5.6 | 7.5 | 7.9 | 8.1 | 13.1% |
Italy | 2.4 | 1.6 | 4.1 | 5.8 | 34.2% |
France | 1.2 | 0.4 | 1.8 | 2.5 | 27.7% |
Germany | 0.5 | 0.3 | 0.5 | 2.0 | 58.7% |
Sweden | 0.9 | 1.2 | 1.4 | 1.3 | 13.0% |
Norway | 1.2 | 0.2 | 0.2 | 0.6 | -20.6% |
United States | N/A | 0.9 | 0.7 | N/A | -22.2% |
Others | 2.6 | 1.0 | 1.9 | 2.0 | -8.4% |
Total | 14.4 | 13.2 | 18.4 | 22.4 | 15.9% |
Top Export Markets for Frozen Scallops, Including Queen Scallop from Denmark in 2022:
- Vietnam (1864.9 tons)
- Italy (275.5 tons)
- France (123.0 tons)
- Germany (71.7 tons)
- Norway (56.7 tons)
- Sweden (40.1 tons)
This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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
-
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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