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

Contents:

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

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

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $11,250 per ton in 2022, increasing by 8.7% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds increased by +21.5% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 61%. Over the period under review, average import prices hit record highs at $13,799 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($73,396 per ton), while the price for Spain ($8,930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+38.7%), 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 Portugal (FOB) - 2022

The average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $5,268 per ton in 2022, reducing by -5.2% against the previous year. In general, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 33% against the previous year. As a result, the export price attained the peak level of $7,921 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($8,548 per ton), while the average price for exports to Switzerland ($4,431 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 Spain (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of mollusc preparations; scallops, including queen scallops, prepared or preserveds decreased by -33.3% to 49 tons in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 277%. As a result, imports reached the peak of 74 tons, and then fell significantly in the following year.

In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds fell significantly to $552K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 302% against the previous year. As a result, imports reached the peak of $762K, and then contracted dramatically in the following year.

Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain76.186.052728855.8%
France56.185.981.823661.4%
Germany14.05.31075.3-27.7%
Others27.412.245.823.4-5.1%
Total17418976255246.9%

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

  1. Spain (32.2 tons)
  2. France (15.7 tons)
  3. Germany (0.3 tons)

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

In 2022, shipments abroad of mollusc preparations; scallops, including queen scallops, prepared or preserveds decreased by -46.1% to 44 tons, falling for the second year in a row after two years of growth. Overall, exports showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 77%. As a result, the exports reached the peak of 81 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds shrank notably to $230K in 2022. In general, exports, however, saw a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 94% against the previous year.

Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland13818120599.7-10.3%
France15.945.018.343.339.6%
Spain1.50.814934.2183.6%
Luxembourg35.920.434.228.3-7.6%
Germany3.71487.64.99.8%
Others10.34.135.419.523.7%
Total2063994502303.7%

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

  1. Switzerland (22.5 tons)
  2. France (8.6 tons)
  3. Luxembourg (5.7 tons)
  4. Spain (4.1 tons)
  5. Germany (0.9 tons)

Source: IndexBox Market Intelligence Platform

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