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

Contents:

  1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Panama (CIF) - 2022
  2. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Panama

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

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $19,234 per ton in 2022, shrinking by -17.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the maximum at $23,410 per ton in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($28,293 per ton), while the price for Spain stood at $12,378 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds into Panama skyrocketed to 325 kg, with an increase of 29% against 2021. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 589% against the previous year. As a result, imports reached the peak of 786 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds rose rapidly to $6.3K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,041%. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.612.14.04.088.2%
Spain0.50.80.72.366.3%
PeruN/A3.6N/AN/A0%
Brazil0.41.41.1N/A65.8%
OthersN/AN/AN/AN/A0%
Total1.618.05.96.357.9%

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

  1. Spain (185.0 kg)
  2. United States (140.0 kg)

Source: IndexBox Market Intelligence Platform

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