Price for Mollusc preparations; scallops, including queen scallops, prepared or preserved in the United Arab Emirates - 2022

Contents:

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

Price for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United Arab Emirates (CIF) - 2022

The average import price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $27,827 per ton in 2022, with a decrease of -12.8% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62% against the previous year. The import price peaked at $31,913 per ton in 2021, and then dropped in the following year.

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 Japan ($45,305 per ton), while the price for the UK ($10,712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.6%), 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 the United Arab Emirates (FOB) - 2022

The average export price for mollusc preparations; scallops, including queen scallops, prepared or preserveds stood at $22,630 per ton in 2022, dropping by -52% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 90%. As a result, the export price reached the peak level of $47,159 per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($30,554 per ton), while the average price for exports to Qatar ($17,593 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 Iraq (+519.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas purchases of mollusc preparations; scallops, including queen scallops, prepared or preserveds, when their volume increased by 586% to 7.1 tons. In general, imports recorded a significant expansion. 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 skyrocketed to $198K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.26.27.2109196.1%
FranceN/A2.65.944.7314.6%
Canada10.25.47.523.331.7%
United Kingdom0.70.60.421.5213.2%
China8.3N/AN/AN/A0%
Singapore3.42.81.1N/A-43.1%
Netherlands7.00.30.2N/A-83.1%
United States21.718.17.4N/A-41.6%
Others5.54.33.50.1-73.7%
Total61.040.333.219848.1%

Top Suppliers of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved to the United Arab Emirates in 2022:

  1. Japan (2.4 tons)
  2. United Kingdom (2.0 tons)
  3. France (1.8 tons)
  4. Canada (0.9 tons)

Exports of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United Arab Emirates

In 2022, the amount of mollusc preparations; scallops, including queen scallops, prepared or preserveds exported from the United Arab Emirates surged to 6.2 tons, jumping by 1,072% against the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; scallops, including queen scallops, prepared or preserveds surged to $140K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/A2.41124566.7%
Qatar1.10.92.87.892.1%
MauritiusN/AN/A0.75.3657.1%
Oman0.20.30.94.5182.3%
GeorgiaN/AN/AN/A3.30%
Kuwait1.2N/AN/AN/A0%
Iraq5.91.0N/AN/A-83.1%
Maldives1.90.57.6N/A100.0%
United KingdomN/A16.7N/AN/A0%
South AfricaN/A10.6N/AN/A0%
Saudi Arabia7.64.36.1N/A-10.4%
Others1.91.54.46.550.7%
Total19.735.824.914092.3%

Top Export Markets for Mollusc Preparations; Scallops, Including Queen Scallops, Prepared or Preserved from the United Arab Emirates in 2022:

  1. Egypt (5.0 tons)
  2. Qatar (0.4 tons)
  3. Georgia (0.2 tons)
  4. Mauritius (0.2 tons)
  5. Oman (0.1 tons)

Source: IndexBox Market Intelligence Platform

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