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Italy - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Scallops, Including Queen Scallop in Italy - 2023
Contents:
- Price for Frozen Scallops, Including Queen Scallop in Italy (CIF) - 2023
- Price for Frozen Scallops, Including Queen Scallop in Italy (FOB) - 2023
- Imports of Frozen Scallops, Including Queen Scallop in Italy
- Exports of Frozen Scallops, Including Queen Scallop in Italy
Price for Frozen Scallops, Including Queen Scallop in Italy (CIF) - 2023
The average import price for frozen scallops, including queen scallop stood at $10,637 per ton in February 2023, falling by -12.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 142% against the previous month. As a result, import price attained the peak level of $14,049 per ton. From December 2022 to February 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Denmark ($20,867 per ton), while the price for France ($8,623 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Peru (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Scallops, Including Queen Scallop in Italy (FOB) - 2023
In February 2023, the average export price for frozen scallops, including queen scallop amounted to $6,873 per ton, surging by 86% against the previous month. Overall, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in August 2022 an increase of 108% month-to-month. As a result, the export price reached the peak level of $9,383 per ton. From September 2022 to February 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In February 2023, the country with the highest price was Ukraine ($40,866 per ton), while the average price for exports to Spain ($3,736 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Scallops, Including Queen Scallop in Italy
In 2022, after two years of decline, there was significant growth in overseas purchases of frozen scallops, including queen scallop, when their volume increased by 40% to 3.9K tons. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen scallops, including queen scallop imports skyrocketed to $41M in 2022. Overall, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Scallops, Including Queen Scallop in Italy (USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3,229,370,000 | 2,719,810,000 | 15,520,537,000 | 20,642,906,000 | 85.6% |
Denmark | 1,985,254,000 | 1,253,533,000 | 2,696,267,000 | 4,592,651,000 | 32.3% |
United Kingdom | 10,353,391,000 | 9,325,342,000 | 2,674,673,000 | 4,584,249,000 | -23.8% |
Spain | 3,767,352,000 | 3,039,620,000 | 1,514,191,000 | 4,057,183,000 | 2.5% |
Peru | 1,036,732,000 | 1,268,029,000 | 680,397,000 | 2,541,438,000 | 34.8% |
Netherlands | 1,303,013,000 | 711,168,000 | 1,506,790,000 | 2,315,054,000 | 21.1% |
Others | 2,189,301,000 | 1,056,020,000 | 2,298,932,000 | 2,055,765,000 | -2.1% |
Total | 23,864,413,000 | 19,373,522,000 | 26,891,787,000 | 40,789,246,000 | 19.6% |
Top Suppliers of Frozen Scallops, Including Queen Scallop to Italy in 2022:
- France (2484.6 tons)
- Spain (437.2 tons)
- United Kingdom (298.4 tons)
- Denmark (265.6 tons)
- Peru (150.2 tons)
- Netherlands (106.8 tons)
Exports of Frozen Scallops, Including Queen Scallop in Italy
In 2022, the amount of frozen scallops, including queen scallop exported from Italy totaled 642 tons, with an increase of 13% on the previous year. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, frozen scallops, including queen scallop exports rose significantly to $3M in 2022. Overall, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Export of Frozen Scallops, Including Queen Scallop in Italy (USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,242,711,000 | 1,105,385,000 | 1,648,684,000 | 1,481,808,000 | 6.0% |
Croatia | 177,711,000 | 83,179,000 | 256,592,000 | 384,092,000 | 29.3% |
Slovenia | 226,763,000 | 109,143,000 | 211,216,000 | 267,189,000 | 5.6% |
Austria | 262,551,000 | 253,132,000 | 278,873,000 | 251,914,000 | -1.4% |
Greece | 68,690,000 | 52,878,000 | 72,353,000 | 149,485,000 | 29.6% |
Malta | 50,453,000 | 37,547,000 | 59,693,000 | 100,078,000 | 25.6% |
Tunisia | N/A | N/A | N/A | 80,207,000 | 0% |
France | 244,757,000 | 69,134,000 | 94,858,000 | 68,701,000 | -34.5% |
Albania | 87,646,000 | 8,330,000 | 34,897,000 | 57,941,000 | -12.9% |
Others | 351,963,000 | 134,465,000 | 164,865,000 | 189,012,000 | -18.7% |
Total | 2,713,245,000 | 1,853,193,000 | 2,822,031,000 | 3,030,427,000 | 3.8% |
Top Export Markets for Frozen Scallops, Including Queen Scallop from Italy in 2022:
- Spain (494.3 tons)
- Greece (42.4 tons)
- Croatia (18.3 tons)
- Tunisia (16.4 tons)
- Slovenia (14.8 tons)
- Malta (12.6 tons)
- Albania (12.3 tons)
- Austria (11.8 tons)
- France (6.1 tons)
This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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