Australia and Oceania: Market for Frozen Scallops, Including Queen Scallop 2025

Market Size for Frozen Scallops, Including Queen Scallop in Australia and Oceania

The market for frozen scallops, including queen scallop in Australia and Oceania soared to $X in 2021, jumping by 47% against the previous year. Overall, consumption, however, recorded a deep setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Frozen Scallops, Including Queen Scallop in Australia and Oceania

In value terms, frozen scallops, including queen scallop production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 95%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Frozen Scallops, Including Queen Scallop

Exports in Australia and Oceania

In 2021, the amount of frozen scallops, including queen scallop exported in Australia and Oceania contracted sharply to X tons, dropping by -45% against the previous year. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 84% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, frozen scallops, including queen scallop exports dropped sharply to $X in 2021. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 97%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, reaching X tons, which was near 93% of total exports in 2021. It was distantly followed by New Zealand (X tons), committing a 6.7% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to frozen scallops, including queen scallop exports from Australia stood at -10.5%. New Zealand (-9.3%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest frozen scallops, including queen scallop supplier in Australia and Oceania, comprising 97% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 3.3% share of total exports.

In Australia, frozen scallops, including queen scallop exports decreased by an average annual rate of -15.2% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, rising by 15% against the previous year. Overall, the export price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 42% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-5.0%).

Imports of Frozen Scallops, Including Queen Scallop

Imports in Australia and Oceania

In 2021, approx. X tons of frozen scallops, including queen scallop were imported in Australia and Oceania; growing by 29% compared with 2020 figures. Overall, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 38%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports soared to $X in 2021. In general, imports, however, saw a abrupt descent. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the key importer of frozen scallops, including queen scallop in Australia and Oceania, with the volume of imports finishing at X tons, which was approx. 87% of total imports in 2021. It was distantly followed by New Zealand (X tons), achieving a 13% share of total imports.

Imports into Australia decreased at an average annual rate of -7.3% from 2012 to 2021. New Zealand (-3.7%) illustrated a downward trend over the same period. While the share of New Zealand (+3.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-2.9 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported frozen scallops, including queen scallop in Australia and Oceania, comprising 89% of total imports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia totaled -5.7%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, growing by 8.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2016 when the import price increased by 15%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+1.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :