Report Update: Apr 1, 2024

Italy - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Frozen Scallops, Including Queen Scallop in Italy - 2023

Price for Frozen Scallops, Including Queen Scallop in Italy (CIF) - 2023

The average import price for frozen scallops, including queen scallop stood at $10,637 per ton in February 2023, falling by -12.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 142% against the previous month. As a result, import price attained the peak level of $14,049 per ton. From December 2022 to February 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Denmark ($20,867 per ton), while the price for France ($8,623 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Peru (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Scallops, Including Queen Scallop in Italy (FOB) - 2023

In February 2023, the average export price for frozen scallops, including queen scallop amounted to $6,873 per ton, surging by 86% against the previous month. Overall, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in August 2022 an increase of 108% month-to-month. As a result, the export price reached the peak level of $9,383 per ton. From September 2022 to February 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In February 2023, the country with the highest price was Ukraine ($40,866 per ton), while the average price for exports to Spain ($3,736 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Scallops, Including Queen Scallop in Italy

In 2022, after two years of decline, there was significant growth in overseas purchases of frozen scallops, including queen scallop, when their volume increased by 40% to 3.9K tons. The total import volume increased at an average annual rate of +7.9% 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 skyrocketed to $41M in 2022. Overall, imports saw a resilient increase. 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 Italy (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	3,229,370,000	2,719,810,000	15,520,537,000	20,642,906,000	85.6%
Denmark	1,985,254,000	1,253,533,000	2,696,267,000	4,592,651,000	32.3%
United Kingdom	10,353,391,000	9,325,342,000	2,674,673,000	4,584,249,000	-23.8%
Spain	3,767,352,000	3,039,620,000	1,514,191,000	4,057,183,000	2.5%
Peru	1,036,732,000	1,268,029,000	680,397,000	2,541,438,000	34.8%
Netherlands	1,303,013,000	711,168,000	1,506,790,000	2,315,054,000	21.1%
Others	2,189,301,000	1,056,020,000	2,298,932,000	2,055,765,000	-2.1%
Total	23,864,413,000	19,373,522,000	26,891,787,000	40,789,246,000	19.6%

Top Suppliers of Frozen Scallops, Including Queen Scallop to Italy in 2022:

France (2484.6 tons)
Spain (437.2 tons)
United Kingdom (298.4 tons)
Denmark (265.6 tons)
Peru (150.2 tons)
Netherlands (106.8 tons)

Exports of Frozen Scallops, Including Queen Scallop in Italy

In 2022, the amount of frozen scallops, including queen scallop exported from Italy totaled 642 tons, with an increase of 13% on the previous year. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, frozen scallops, including queen scallop exports rose significantly to $3M in 2022. Overall, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% 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 +63.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Frozen Scallops, Including Queen Scallop in Italy (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1,242,711,000	1,105,385,000	1,648,684,000	1,481,808,000	6.0%
Croatia	177,711,000	83,179,000	256,592,000	384,092,000	29.3%
Slovenia	226,763,000	109,143,000	211,216,000	267,189,000	5.6%
Austria	262,551,000	253,132,000	278,873,000	251,914,000	-1.4%
Greece	68,690,000	52,878,000	72,353,000	149,485,000	29.6%
Malta	50,453,000	37,547,000	59,693,000	100,078,000	25.6%
Tunisia	N/A	N/A	N/A	80,207,000	0%
France	244,757,000	69,134,000	94,858,000	68,701,000	-34.5%
Albania	87,646,000	8,330,000	34,897,000	57,941,000	-12.9%
Others	351,963,000	134,465,000	164,865,000	189,012,000	-18.7%
Total	2,713,245,000	1,853,193,000	2,822,031,000	3,030,427,000	3.8%

Top Export Markets for Frozen Scallops, Including Queen Scallop from Italy in 2022:

Spain (494.3 tons)
Greece (42.4 tons)
Croatia (18.3 tons)
Tunisia (16.4 tons)
Slovenia (14.8 tons)
Malta (12.6 tons)
Albania (12.3 tons)
Austria (11.8 tons)
France (6.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Italy. 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:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023