Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia - 2024

Contents:

1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia (CIF) - 2022
2. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia (FOB) - 2022
3. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia
4. Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia (CIF) - 2022

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $14,206 per ton in 2022, surging by 4.9% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 72% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($19,568 per ton), while the price for Malaysia ($9,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia (FOB) - 2022

In 2022, the average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $6,938 per ton, surging by 34% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 122% against the previous year. The export price peaked at $19,603 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($8,037 per ton), while the average price for exports to Papua New Guinea ($1,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.4%), while the prices for the other major destinations experienced a decline.

Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia

Imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds into Australia reduced to 168 tons in 2022, approximately mirroring the previous year. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 162%. As a result, imports reached the peak of 169 tons, leveling off in the following year.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds expanded slightly to $2.4M in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 207%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to Australia in 2022:

1. China (71.5 tons)
2. Malaysia (50.3 tons)
3. Japan (34.1 tons)
4. United Kingdom (11.8 tons)

Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Australia

In 2022, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds from Australia dropped rapidly to 32 kg, falling by -41.8% against the previous year. Over the period under review, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 139% against the previous year.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds dropped remarkably to $222 in 2022. Overall, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year.

Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from Australia in 2022:

1. Singapore (27.0 kg)
2. Maldives (1.0 kg)
3. Papua New Guinea (1.0 kg)
4. Slovenia (1.0 kg)
5. New Zealand (1.0 kg)

Source: IndexBox Market Intelligence Platform