Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam - 2022
Contents:
- Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam (FOB) - 2022
- Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam (CIF) - 2022
- Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam
- Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam
Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam (FOB) - 2022
The average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $5,330 per ton in 2022, growing by 9.3% against the previous year. Over the period under review, the export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $6,815 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7,989 per ton), while the average price for exports to France ($1,267 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 Germany (+8.0%), 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 Vietnam (CIF) - 2022
The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $6,205 per ton in 2022, which is down by -8.6% against the previous year. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $14,583 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($9,537 per ton), while the price for the Philippines ($1,614 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.9%), while the prices for the other major suppliers experienced a decline.
Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam
In 2022, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds from Vietnam reduced modestly to 194 tons, declining by -1.8% compared with 2021 figures. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports reached the peak of 197 tons, and then contracted modestly in the following year.
In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds rose markedly to $1M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 329 | 240 | 374 | 380 | 4.9% |
| Hong Kong SAR | 181 | 81.6 | 208 | 112 | -14.8% |
| South Korea | 42.9 | 29.5 | 158 | 105 | 34.8% |
| Australia | 3.1 | 29.2 | 25.1 | 103 | 221.5% |
| Singapore | 105 | 27.9 | 68.7 | 100 | -1.6% |
| Taiwan (Chinese) | 43.2 | 77.9 | 57.2 | 95.7 | 30.4% |
| United States | 18.3 | 23.0 | 18.9 | 72.8 | 58.5% |
| Others | 28.6 | 31.5 | 50.7 | 64.1 | 30.9% |
| Total | 750 | 540 | 961 | 1,032 | 11.2% |
Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from Vietnam in 2022:
- Japan (70.5 tons)
- Hong Kong SAR (20.7 tons)
- South Korea (19.5 tons)
- Australia (19.1 tons)
- Singapore (18.6 tons)
- Taiwan (Chinese) (17.8 tons)
- United States (12.8 tons)
Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Vietnam
Imports of mollusc preparations; scallops, including queen scallops, prepared or preserveds into Vietnam surged to 160 tons in 2022, increasing by 287% compared with 2021 figures. In general, imports posted significant growth. As a result, imports reached 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 skyrocketed to $993K in 2022. Overall, imports showed a buoyant increase. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 320 | 72.8 | 156 | 563 | 20.7% |
| Hong Kong SAR | 277 | 46.2 | 72.4 | 192 | -11.5% |
| China | 22.9 | 3.0 | 8.5 | 112 | 69.7% |
| Japan | 147 | 8.9 | 37.0 | 86.8 | -16.1% |
| Philippines | 10.9 | 2.5 | 6.9 | 37.2 | 50.6% |
| Others | 1.1 | 0.1 | 0.1 | 0.8 | -10.1% |
| Total | 779 | 134 | 281 | 993 | 8.4% |
Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to Vietnam in 2022:
- Singapore (59.1 tons)
- China (31.5 tons)
- Japan (24.4 tons)
- Philippines (23.1 tons)
- Hong Kong SAR (21.7 tons)
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