Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway - 2023

Contents:

  1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway (CIF) - 2022
  2. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway (FOB) - 2022
  3. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway
  4. Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway (CIF) - 2022

In 2022, the average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $14,796 per ton, increasing by 4% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 55%. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($26,923 per ton), while the price for Denmark ($4,142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway (FOB) - 2022

The average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $26,768 per ton in 2022, increasing by 117% against the previous year. Overall, the export price enjoyed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($26,963 per ton), while the average price for exports to Denmark totaled $19,280 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+67.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway

For the fourth consecutive year, Norway recorded growth in purchases abroad of mollusc preparations; scallops, including queen scallops, prepared or preserveds, which increased by 1,088% to 9.1 tons in 2022. In general, imports continue to indicate 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 $134K in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.63.68.1103300.8%
VietnamN/AN/A0.123.523400.0%
Denmark0.10.20.45.2273.3%
Others0.20.82.22.0115.4%
Total1.84.610.9134320.7%

Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to Norway in 2022:

  1. United States (3.8 tons)
  2. Vietnam (3.8 tons)
  3. Denmark (1.3 tons)

Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway

After three years of growth, overseas shipments of mollusc preparations; scallops, including queen scallops, prepared or preserveds decreased by -12.8% to 2 tons in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 597% against the previous year. As a result, the exports attained the peak of 2.3 tons, and then shrank in the following year.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds surged to $53K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 863%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A51.80%
DenmarkN/A0.10.81.0216.2%
GermanyN/A0.27.8N/A3800.0%
Singapore0.71.819.1N/A422.4%
Others0.30.80.1N/A-42.3%
Total1.02.927.852.7274.9%

Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from Norway in 2022:

  1. Netherlands (1920.0 kg)
  2. Denmark (50.0 kg)

Source: IndexBox Market Intelligence Platform

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