Report Update Nov 1, 2024

Egypt - Frozen Scallops, Including Queen Scallop - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Egypt

The Egyptian market for frozen scallops, including queen scallop declined significantly to $X in 2021, waning by -20.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a noticeable reduction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Frozen Scallops, Including Queen Scallop

Exports from Egypt

In 2021, frozen scallops, including queen scallop exports from Egypt dropped modestly to X kg, which is down by -4.1% compared with the previous year. Overall, exports showed a significant curtailment. The smallest decline of -1.5% was in 2015. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop exports surged to $X in 2021. In general, exports, however, posted a slight increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kuwait (X kg) was the main destination for frozen scallops, including queen scallop exports from Egypt, accounting for a approx. 71% share of total exports.

From 2014 to 2020, the average annual rate of growth in terms of volume to Kuwait totaled +13.5%.

In value terms, Kuwait ($X) emerged as the key foreign market for frozen scallops, including queen scallop exports from Egypt.

From 2014 to 2020, the average annual growth rate of value to Kuwait totaled +13.8%.

Export Prices by Country

The average export price for frozen scallops, including queen scallop stood at $X per ton in 2020, picking up by 86% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2014 to 2020, the rate of growth in terms of prices for Kuwait amounted to +0.3% per year.

Imports of Frozen Scallops, Including Queen Scallop

Imports into Egypt

In 2021, approx. X tons of frozen scallops, including queen scallop were imported into Egypt; waning by -23.6% against 2020. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by 392% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports fell to $X in 2021. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 583% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main supplier of frozen scallops, including queen scallop to Egypt, accounting for a approx. 274% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +2.4%.

In value terms, the United States ($X) constituted the largest supplier of frozen scallops, including queen scallop to Egypt.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +4.8%.

Import Prices by Country

The average import price for frozen scallops, including queen scallop stood at $X per ton in 2021, growing by 21% against the previous year. In general, the import price recorded resilient growth. The growth pace was the most rapid in 2016 when the average import price increased by 68% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +22.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen scallops, including queen scallop in the world?

The country with the largest volume of frozen scallops, including queen scallop consumption was Japan, accounting for 44% of total volume. Moreover, frozen scallops, including queen scallop consumption in Japan exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by Argentina, with a 12% share.

What are the largest producers of frozen scallops, including queen scallop in the world?

Japan remains the largest frozen scallops, including queen scallop producing country worldwide, comprising approx. 47% of total volume. Moreover, frozen scallops, including queen scallop production in Japan exceeded the figures recorded by the second-largest producer, China, twofold. Argentina ranked third in terms of total production with an 11% share.

What are the leading suppliers of frozen scallops, including queen scallop to Egypt?

In value terms, the United States constituted the largest supplier of frozen scallops, including queen scallop to Egypt, comprising 87% of total imports. The second position in the ranking was occupied by Vietnam, with a 9.7% share of total imports.

What is the average export price for frozen scallops, including queen scallop in Egypt?

The average export price for frozen scallops, including queen scallop stood at $13,766 per ton in 2020, with an increase of 141% against the previous year.

What is the average import price for frozen scallops, including queen scallop in Egypt?

In 2021, the average import price for frozen scallops, including queen scallop amounted to $13,855 per ton, rising by 2.1% against the previous year.

This report provides an in-depth analysis of the market for frozen scallops, including queen scallop in Egypt. 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:

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023