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

Contents:

  1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan (FOB) - 2022
  2. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan (CIF) - 2023
  3. Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan
  4. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan

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

In 2022, the average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $38,688 per ton, with a decrease of -6% against the previous year. In general, the export price saw a mild downturn. The growth pace was the most rapid in 2017 an increase of 29% against the previous year. As a result, the export price reached the peak level of $73,150 per ton. From 2018 to 2022, the average export prices remained at a 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 Hong Kong SAR ($57,902 per ton), while the average price for exports to Vietnam ($5,306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan (CIF) - 2023

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $8,224 per ton in November 2023, rising by 14% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $10,434 per ton. From March 2023 to November 2023, the average import prices remained at a somewhat lower figure.

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

From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +0.2% per month.

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

In 2022, the amount of mollusc preparations; scallops, including queen scallops, prepared or preserveds exported from Japan surged to 3.3K tons, picking up by 85% compared with 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 97%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds skyrocketed to $128M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR44.427.036.771.317.1%
China0.80.23.616.3173.1%
Taiwan (Chinese)5.33.914.515.843.9%
United States6.86.311.310.917.0%
Singapore8.23.84.58.61.6%
Thailand0.30.10.31.467.1%
Vietnam0.1N/AN/A0.681.7%
Others3.62.22.82.9-7.0%
Total69.443.573.612822.6%

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

  1. Hong Kong SAR (1232.2 tons)
  2. China (964.3 tons)
  3. Taiwan (Chinese) (366.5 tons)
  4. United States (242.6 tons)
  5. Singapore (178.4 tons)
  6. Thailand (115.0 tons)
  7. Vietnam (104.8 tons)

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

In 2022, the amount of mollusc preparations; scallops, including queen scallops, prepared or preserveds imported into Japan skyrocketed to 3.3K tons, surging by 231% on the year before. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds soared to $26M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.94.86.724.652.8%
ThailandN/A0.20.20.787.1%
Vietnam0.20.20.20.426.0%
Others0.10.10.10.226.0%
Total7.25.37.225.953.2%

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

  1. China (3044.9 tons)
  2. Thailand (109.2 tons)
  3. Vietnam (77.7 tons)

Source: IndexBox Market Intelligence Platform

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