Sri Lanka - 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 Sri Lanka - 2021
Contents:
- Price for Frozen Scallops, Including Queen Scallop in Sri Lanka (CIF) - 2022
- Price for Frozen Scallops, Including Queen Scallop in Sri Lanka (FOB) - 2022
- Imports of Frozen Scallops, Including Queen Scallop in Sri Lanka
- Exports of Frozen Scallops, Including Queen Scallop in Sri Lanka
Price for Frozen Scallops, Including Queen Scallop in Sri Lanka (CIF) - 2022
The average import price for frozen scallops, including queen scallop stood at $13,841 per ton in 2022, reducing by -23.3% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 132% against the previous year. The import price peaked at $24,902 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($40,681 per ton), while the price for China ($1,677 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.3%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Scallops, Including Queen Scallop in Sri Lanka (FOB) - 2022
In 2022, the average export price for frozen scallops, including queen scallop amounted to $10,851 per ton, increasing by 8% against the previous year. Overall, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 197%. The export price peaked at $25,985 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +4.5% per year.
Imports of Frozen Scallops, Including Queen Scallop in Sri Lanka
In 2022, the amount of frozen scallops, including queen scallop imported into Sri Lanka surged to 654 kg, picking up by 23% compared with the year before. Over the period under review, imports, however, continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2020 when imports increased by 46% against the previous year. As a result, imports attained the peak of 3.2 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, frozen scallops, including queen scallop imports fell to $9.1K in 2022. In general, imports, however, continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of $64K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Frozen Scallops, Including Queen Scallop in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 19.3 | 52.8 | 3.1 | 5.4 | -34.6% |
Australia | 4.1 | 2.4 | 3.0 | 3.6 | -4.2% |
China | 4.1 | 1.0 | 0.5 | 0.1 | -71.0% |
Malaysia | 1.7 | N/A | N/A | N/A | 0% |
United States | 2.6 | 8.0 | N/A | N/A | 207.7% |
Others | 0.4 | N/A | 3.1 | N/A | 178.4% |
Total | 32.3 | 64.2 | 9.6 | 9.1 | -34.4% |
Top Suppliers of Frozen Scallops, Including Queen Scallop to Sri Lanka in 2022:
- Australia (469.0 kg)
- Singapore (132.0 kg)
- China (52.0 kg)
Exports of Frozen Scallops, Including Queen Scallop in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas shipments of frozen scallops, including queen scallop, when their volume decreased by -6.9% to 349 kg. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 347% against the previous year.
In value terms, frozen scallops, including queen scallop exports reached $3.8K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 303%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Frozen Scallops, Including Queen Scallop in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | N/A | 2.0 | 3.8 | 3.8 | 37.8% |
Georgia | 0.3 | N/A | N/A | N/A | 0% |
Canada | 0.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.5 | 2.0 | 3.8 | 3.8 | 96.6% |
Top Export Markets for Frozen Scallops, Including Queen Scallop from Sri Lanka in 2022:
- Maldives (322.0 kg)
This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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