Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States - 2023
Contents:
- Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States (CIF) - 2023
- Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States (FOB) - 2022
- Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States
- Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States
Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States (CIF) - 2023
The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $7,848 per ton in December 2023, waning by -23.6% against the previous month. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in September 2023 an increase of 85% m-o-m. The import price peaked at $15,638 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($26,245 per ton), while the price for Hong Kong SAR ($663 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States (FOB) - 2022
The average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $17,953 per ton in 2022, picking up by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The pace of growth appeared the most rapid in 2021 an increase of 29%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($25,730 per ton), while the average price for exports to Norway ($3,625 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 Canada (+10.9%), 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 the United States
In 2022, approx. 1.3K tons of mollusc preparations; scallops, including queen scallops, prepared or preserveds were imported into the United States; growing by 20% against the year before. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 51%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds dropped rapidly to $13M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 87%.
| Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.7 | 2.5 | 5.3 | 6.4 | 109.1% |
| France | 1.5 | 2.5 | 2.6 | 3.5 | 32.6% |
| China | 1.0 | 1.6 | 1.4 | 1.6 | 17.0% |
| Canada | 1.4 | 2.0 | 2.7 | 0.7 | -20.6% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | 4.1 | 0.2 | 26.0% |
| Total | 4.6 | 8.7 | 16.1 | 12.6 | 39.9% |
Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to the United States in 2022:
- France (835.8 tons)
- China (250.7 tons)
- Japan (171.1 tons)
- Canada (22.2 tons)
- United Kingdom (21.9 tons)
Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United States
In 2022, the amount of mollusc preparations; scallops, including queen scallops, prepared or preserveds exported from the United States soared to 233 tons, rising by 62% compared with the previous year's figure. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds skyrocketed to $4.2M in 2022. Over the period under review, exports showed a significant increase. 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 the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,314 | 2,175 | 1,610 | 1,763 | 10.3% |
| South Korea | 3.1 | 157 | 474 | 967 | 578.2% |
| Mexico | 211 | 51.2 | 117 | 357 | 19.2% |
| Israel | N/A | N/A | N/A | 261 | 0% |
| Philippines | 25.5 | N/A | N/A | 228 | 107.6% |
| Colombia | 48.1 | 33.1 | 111 | 116 | 34.1% |
| Norway | N/A | N/A | N/A | 72.3 | 0% |
| Others | 519 | 181 | 176 | 412 | -7.4% |
| Total | 2,121 | 2,597 | 2,487 | 4,177 | 25.3% |
Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from the United States in 2022:
- Canada (89.1 tons)
- South Korea (37.6 tons)
- Mexico (27.5 tons)
- Norway (19.9 tons)
- Israel (15.7 tons)
- Philippines (14.4 tons)
- Colombia (7.3 tons)
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