Ireland: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Ireland

The Irish market for frozen scallops, including queen scallop expanded rapidly to $X in 2022, surging by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Production of Frozen Scallops, Including Queen Scallop in Ireland

In value terms, frozen scallops, including queen scallop production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Frozen Scallops, Including Queen Scallop

Exports from Ireland

In 2022, frozen scallops, including queen scallop exports from Ireland fell rapidly to X tons, dropping by X% on the previous year's figure. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop exports declined remarkably to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for frozen scallops, including queen scallop exports from Ireland, accounting for a X% share of total exports. Moreover, frozen scallops, including queen scallop exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Canada (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Canada (X% per year).

In value terms, Spain ($X) remains the key foreign market for frozen scallops, including queen scallop exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with an X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average export price for frozen scallops, including queen scallop amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United States ($X 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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Scallops, Including Queen Scallop

Imports into Ireland

In 2022, purchases abroad of frozen scallops, including queen scallop decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports fell to $X in 2022. Overall, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of frozen scallops, including queen scallop to Ireland, with a X% share of total imports. Moreover, frozen scallops, including queen scallop imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Spain (X% per year).

In value terms, France ($X) constituted the largest supplier of frozen scallops, including queen scallop to Ireland, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average import price for frozen scallops, including queen scallop amounted to $X per ton, growing by X% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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