Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Estonia - 2023

Contents:

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

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

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $6,230 per ton in 2022, rising by 29% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($26,878 per ton), while the price for Denmark ($4,441 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+34.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $6,000 per ton, waning by -42.9% against the previous year. Overall, the export price continues to indicate a significant decline. The export price peaked at $46,750 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($11,000 per ton), while the average price for exports to Latvia totaled $1,000 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.8%).

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

In 2022, purchases abroad of mollusc preparations; scallops, including queen scallops, prepared or preserveds was finally on the rise to reach 18 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt contraction.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds skyrocketed to $111K in 2022. In general, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark95.968.865.672.6-8.9%
LatviaN/AN/A8.128.8255.6%
Netherlands0.8N/AN/A9.0124.1%
Others2.50.34.10.4-45.7%
Total99.269.177.81113.8%

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

  1. Denmark (16.3 tons)
  2. Latvia (1.1 tons)
  3. Netherlands (0.3 tons)

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

In 2022, approx. 2 kg of mollusc preparations; scallops, including queen scallops, prepared or preserveds were exported from Estonia; stabilizing at 2021. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds dropped markedly to $12 in 2022. In general, exports recorded a sharp curtailment.

Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Estonia (USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands21.011.0-47.6%
LatviaN/A1.00%
OthersN/AN/A0%
Total21.012.0-42.9%

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

  1. Netherlands (1.0 kg)
  2. Latvia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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