Eastern Europe: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Eastern Europe

In 2022, after three years of decline, there was significant growth in the East European market for frozen scallops, including queen scallop, when its value increased by X% to $X. In general, consumption, however, showed a abrupt shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Frozen Scallops, Including Queen Scallop in Eastern Europe

In value terms, frozen scallops, including queen scallop production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced decline. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Frozen Scallops, Including Queen Scallop

Exports in Eastern Europe

In 2022, overseas shipments of frozen scallops, including queen scallop decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then plummeted in the following year.

In value terms, frozen scallops, including queen scallop exports contracted significantly to $X in 2022. Over the period under review, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia dominates exports structure, reaching X tons, which was near X% of total exports in 2022. Bulgaria (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to frozen scallops, including queen scallop exports from Russia stood at X%. At the same time, Bulgaria (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Russia and Bulgaria increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest frozen scallops, including queen scallop supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total exports.

In Russia, frozen scallops, including queen scallop exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, leveling off at the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%).

Imports of Frozen Scallops, Including Queen Scallop

Imports in Eastern Europe

In 2022, the amount of frozen scallops, including queen scallop imported in Eastern Europe dropped dramatically to X tons, falling by X% compared with the year before. Overall, imports saw a noticeable reduction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, frozen scallops, including queen scallop imports dropped rapidly to $X in 2022. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the major importer of frozen scallops, including queen scallop in Eastern Europe, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Ukraine (X tons) ranks second in terms of the total imports with a X% share, followed by Romania (X%) and Moldova (X%). Bulgaria (X tons), the Czech Republic (X tons) and Poland (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to frozen scallops, including queen scallop imports into Russia stood at X%. At the same time, Moldova (X%), Bulgaria (X%) and Poland (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic and Romania experienced a relatively flat trend pattern. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Moldova (X p.p.), Bulgaria (X p.p.), Romania (X p.p.), Ukraine (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported frozen scallops, including queen scallop in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Russia, frozen scallops, including queen scallop imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ukraine (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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