Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in India - 2022

Contents:

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

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

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $30,663 per ton in 2022, dropping by -27.4% against the previous year. Overall, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $42,207 per ton, and then fell notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Singapore.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +28.2% per year.

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

In 2022, the average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $13,512 per ton, increasing by 30% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 an increase of 118% against the previous year. The export price peaked at $23,433 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2013 to 2022, the rate of growth in terms of prices for Kuwait amounted to +47.1% per year.

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

In 2022, purchases abroad of mollusc preparations; scallops, including queen scallops, prepared or preserveds was finally on the rise to reach 415 kg after two years of decline. In general, imports, however, recorded a abrupt decrease.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds totaled $13K in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 2.2%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore12.312.49.512.71.1%
JapanN/AN/A3.0N/A0%
OthersN/AN/A0.2N/A0%
Total12.312.412.712.71.1%

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

  1. Singapore (415.0 kg)

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

In 2022, overseas shipments of mollusc preparations; scallops, including queen scallops, prepared or preserveds decreased by -46.5% to 166 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 82%. As a result, the exports reached the peak of 454 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds declined sharply to $2.2K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 298%. As a result, the exports reached the peak of $4.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait1.14.23.22.226.0%
OthersN/AN/AN/AN/A0%
Total1.14.23.22.226.0%

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

  1. Kuwait (166.0 kg)

Source: IndexBox Market Intelligence Platform

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