
Spain - Molluscs (Scallops, Mussels, Cuttle Fish, Squid And Octopus) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpain's Import of Shellfish Declines by 7% to $2 Billion in 2023
Spain Molluscs Imports
After two years of growth, purchases abroad of molluscs (scallops, mussels, cuttle fish, squid and octopus) decreased by -4% to 334K tons in 2023. The total import volume increased at an average annual rate of +1.6% over the period from 2013 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Imports peaked at 348K tons in 2022, and then fell modestly in the following year.
In value terms, molluscs imports fell to $2B (IndexBox estimates) in 2023. Overall, total imports indicated a resilient expansion from 2013 to 2023: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +43.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Imports peaked at $2.2B in 2022, and then reduced in the following year.
COUNTRY | Import Value of Molluscs in Spain (million USD) | ||||||||||
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2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Morocco | 246 | 313 | 323 | 401 | 489 | 517 | 416 | 385 | 701 | 585 | 713 |
Falkland Islands (Malvinas) | 106 | 131 | 130 | 178 | 157 | 228 | 232 | 232 | 253 | 285 | 246 |
Mauritania | 50.5 | 77.8 | 105 | 109 | 210 | 273 | 242 | 155 | 236 | 320 | 231 |
India | 116 | 155 | 153 | 178 | 224 | 157 | 132 | 147 | 166 | 247 | 172 |
Peru | 85.7 | 110 | 94.9 | 96.7 | 113 | 170 | 183 | 140 | 117 | 166 | 171 |
China | 98.4 | 79.9 | 76.7 | 159 | 168 | 199 | 136 | 80.3 | 97.5 | 120 | 86.6 |
Portugal | 44.7 | 60.6 | 65.8 | 69.8 | 80.8 | 96.3 | 53.9 | 41.0 | 54.8 | 64.8 | 60.3 |
Others | 213 | 231 | 195 | 263 | 329 | 425 | 289 | 231 | 303 | 378 | 342 |
Total | 961 | 1,157 | 1,142 | 1,455 | 1,771 | 2,065 | 1,684 | 1,411 | 1,928 | 2,165 | 2,022 |
Imports by Country
Morocco (70K tons), Falkland Islands (Malvinas) (63K tons) and Peru (59K tons) were the main suppliers of molluscs imports to Spain, together comprising 57% of total imports. India, Mauritania, China and Portugal lagged somewhat behind, together accounting for a further 23%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mauritania (with a CAGR of +7.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Morocco ($713M) constituted the largest supplier of molluscs (scallops, mussels, cuttle fish, squid and octopus) to Spain, comprising 35% of total imports. The second position in the ranking was taken by Falkland Islands (Malvinas) ($246M), with a 12% share of total imports. It was followed by Mauritania, with an 11% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Morocco amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Falkland Islands (Malvinas) (+8.7% per year) and Mauritania (+16.5% per year).
Import Prices by Country
In 2023, the molluscs price stood at $6,053 per ton (CIF, Spain), dropping by -2.7% against the previous year. Over the period under review, import price indicated a buoyant increase from 2013 to 2023: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, molluscs import price increased by +26.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 27%. The import price peaked at $6,223 per ton in 2022, and then contracted slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Mauritania ($10,766 per ton), while the price for Chile ($2,834 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Mauritania (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the molluscs market in Spain. 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:
- Prodcom 10203200 - Molluscs (scallops, mussels, cuttle fish, squid and octopus), frozen, dried, smoked, salted or in brine
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024