Report Japan - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Japan - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends and Insights

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Japan: Market for Frozen Scallops, Including Queen Scallop 2023

Market Size for Frozen Scallops, Including Queen Scallop in Japan

In 2021, after three years of growth, there was decline in the Japanese market for frozen scallops, including queen scallop, when its value decreased by -2.1% to $X. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +32.9% against 2017 indices. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Frozen Scallops, Including Queen Scallop in Japan

In value terms, frozen scallops, including queen scallop production reduced modestly to $X in 2021 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +32.6% against 2017 indices. The growth pace was the most rapid in 2015 when the production volume increased by 51% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Exports of Frozen Scallops, Including Queen Scallop

Exports from Japan

In 2021, shipments abroad of frozen scallops, including queen scallop increased by 65% to X tons, rising for the third year in a row after six years of decline. Overall, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 85% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, frozen scallops, including queen scallop exports surged to $X in 2021. In general, exports, however, saw a perceptible decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Taiwan (Chinese) (X tons), the United States (X tons) and Thailand (X tons) were the main destinations of frozen scallops, including queen scallop exports from Japan, together accounting for 57% of total exports. Hong Kong SAR, Australia, Vietnam, Indonesia, Singapore and South Korea lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +47.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), the United States ($X) and Hong Kong SAR ($X) were the largest markets for frozen scallops, including queen scallop exported from Japan worldwide, with a combined 65% share of total exports. These countries were followed by Thailand, Australia, Singapore, Vietnam, South Korea and Indonesia, which together accounted for a further 27%.

Among the main countries of destination, Thailand, with a CAGR of +28.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for frozen scallops, including queen scallop amounted to $X per ton, picking up by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2015 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Scallops, Including Queen Scallop

Imports into Japan

After two years of decline, overseas purchases of frozen scallops, including queen scallop increased by 3.8% to X tons in 2021. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when imports increased by 7.4%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports rose slightly to $X in 2021. Overall, imports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2018 when imports increased by 7.2% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of frozen scallops, including queen scallop to Japan, accounting for a 97% share of total imports. It was followed by Vietnam (X tons), with a 2.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -12.5%.

In value terms, China ($X) constituted the largest supplier of frozen scallops, including queen scallop to Japan, comprising 98% of total imports. The second position in the ranking was held by Vietnam ($X), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -13.1%.

Import Prices by Country

The average import price for frozen scallops, including queen scallop stood at $X per ton in 2021, flattening at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 16% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Vietnam amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1.5%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen scallops, including queen scallop in the world?
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The countries with the highest volumes of consumption in 2021 were China, Japan and the United States, with a combined 74% share of global consumption.
What are the largest producers of frozen scallops, including queen scallop in the world?
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Japan constituted the country with the largest volume of frozen scallops, including queen scallop production, comprising approx. 46% of total volume. Moreover, frozen scallops, including queen scallop production in Japan exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was held by Argentina, with an 11% share.
What are the leading suppliers of frozen scallops, including queen scallop to Japan?
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In value terms, China constituted the largest supplier of frozen scallops, including queen scallop to Japan, comprising 98% of total imports. The second position in the ranking was held by Vietnam, with a 0.9% share of total imports.
What are the leading importers of frozen scallops, including queen scallop from Japan?
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In value terms, the largest markets for frozen scallops, including queen scallop exported from Japan were Taiwan Chinese), the United States and Hong Kong SAR, together accounting for 65% of total exports. These countries were followed by Thailand, Australia, Singapore, Vietnam, South Korea and Indonesia, which together accounted for a further 27%.
What is the average export price for frozen scallops, including queen scallop in Japan?
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In 2021, the average export price for frozen scallops, including queen scallop amounted to $26,558 per ton, with an increase of 11% against the previous year.
What is the average import price for frozen scallops, including queen scallop in Japan?
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In 2021, the average import price for frozen scallops, including queen scallop amounted to $7,290 per ton, almost unchanged from the previous year.

This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
Country coverage:
• Japan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Japan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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