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

Contents:

1. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Belgium (CIF) - 2023
2. Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Belgium (FOB) - 2022
3. Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Belgium
4. Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Belgium

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in Belgium (CIF) - 2023

In October 2023, the average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $25,410 per ton, jumping by 80% against the previous month. Over the period under review, import price indicated a slight increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds decreased by -15.3% against July 2023 indices. Over the period under review, average import prices attained the maximum at $30,008 per ton in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($30,709 per ton), while the price for France ($16,553 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds amounted to $12,181 per ton, increasing by 57% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($20,459 per ton), while the average price for exports to the Netherlands ($4,794 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 UK (+9.6%), 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 Belgium

In 2022, approx. 141 tons of mollusc preparations; scallops, including queen scallops, prepared or preserveds were imported into Belgium; jumping by 69% on 2021. In general, imports recorded significant growth. As a result, imports attained 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 soared to $3M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. France (72.7 tons)
2. Netherlands (57.5 tons)
3. Germany (7.5 tons)
4. Italy (3.3 tons)

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

After two years of decline, overseas shipments of mollusc preparations; scallops, including queen scallops, prepared or preserveds increased by 59% to 57 tons in 2022. In general, exports, however, showed a abrupt decrease.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds soared to $693K in 2022. Over the period under review, exports, however, showed a abrupt setback.

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

1. France (19.5 tons)
2. United Kingdom (14.7 tons)
3. Germany (5.3 tons)
4. Netherlands (5.2 tons)
5. United States (4.4 tons)
6. Luxembourg (4.1 tons)
7. Spain (3.3 tons)

Source: IndexBox Market Intelligence Platform