Report Update Apr 1, 2024

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

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Saudi Arabia: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Saudi Arabia

The Saudi market for frozen scallops, including queen scallop shrank to $X in 2022, declining by X% against the previous year. In general, consumption saw a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Frozen Scallops, Including Queen Scallop in Saudi Arabia

In value terms, frozen scallops, including queen scallop production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Exports of Frozen Scallops, Including Queen Scallop

Exports from Saudi Arabia

In 2020, overseas shipments of frozen scallops, including queen scallop increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at X tons in 2014; however, from 2015 to 2020, the exports failed to regain momentum.

In value terms, frozen scallops, including queen scallop exports skyrocketed to $X in 2020. Over the period under review, exports, however, faced a abrupt contraction. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

South Korea (X kg) was the main destination for frozen scallops, including queen scallop exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea was relatively modest.

In value terms, South Korea ($X) emerged as the key foreign market for frozen scallops, including queen scallop exports from Saudi Arabia.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

In 2021, the average export price for frozen scallops, including queen scallop amounted to less than $X per ton, dropping by X% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price decreased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for South Korea amounted to X% per year.

Imports of Frozen Scallops, Including Queen Scallop

Imports into Saudi Arabia

In 2021, the amount of frozen scallops, including queen scallop imported into Saudi Arabia amounted to X tons, remaining relatively unchanged against 2020 figures. In general, imports showed a dramatic slump. The smallest decline of X% was in 2013. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, frozen scallops, including queen scallop imports stood at $X in 2021. Overall, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) was the main frozen scallops, including queen scallop supplier to Saudi Arabia, with a X% share of total imports. Moreover, frozen scallops, including queen scallop imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Japan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of frozen scallops, including queen scallop to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands was relatively modest.

Import Prices by Country

The average import price for frozen scallops, including queen scallop stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the import price showed significant growth. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen scallops, including queen scallop in the world?

The countries with the highest volumes of consumption in 2023 were Japan, the United States and China, together comprising 38% of global consumption.

What are the largest producers of frozen scallops, including queen scallop in the world?

Japan remains the largest frozen scallops, including queen scallop producing country worldwide, accounting for 40% of total volume. Moreover, frozen scallops, including queen scallop production in Japan exceeded the figures recorded by the second-largest producer, China, threefold. Argentina ranked third in terms of total production with an 11% share.

What are the leading suppliers of frozen scallops, including queen scallop to Saudi Arabia?

In value terms, the Netherlands constituted the largest supplier of frozen scallops, including queen scallop to Saudi Arabia, comprising 82% of total imports. The second position in the ranking was taken by Japan, with an 18% share of total imports.

What are the leading importers of frozen scallops, including queen scallop from Saudi Arabia?

In value terms, South Korea emerged as the key foreign market for frozen scallops, including queen scallop exports from Saudi Arabia.

What is the average export price for frozen scallops, including queen scallop in Saudi Arabia?

In 2021, the average export price for frozen scallops, including queen scallop amounted to less than $0.1 per ton, which is down by 99.9% against the previous year.

What is the average import price for frozen scallops, including queen scallop in Saudi Arabia?

The average import price for frozen scallops, including queen scallop stood at $16,434 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023