MENA: Market for Frozen Scallops, Including Queen Scallop 2025

Market Size for Frozen Scallops, Including Queen Scallop in MENA

In 2021, the MENA's market for frozen scallops, including queen scallop decreased by -11% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a mild setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Production of Frozen Scallops, Including Queen Scallop in MENA

In value terms, frozen scallops, including queen scallop production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 23% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Frozen Scallops, Including Queen Scallop

Exports in MENA

In 2021, shipments abroad of frozen scallops, including queen scallop increased by 18% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a noticeable descent. The growth pace was the most rapid in 2016 with an increase of 66% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop exports soared to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 240%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Morocco (X tons) was the largest exporter of frozen scallops, including queen scallop, achieving 68% of total exports. It was distantly followed by the United Arab Emirates (X tons) and Saudi Arabia (X tons), together comprising a 28% share of total exports. Tunisia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to frozen scallops, including queen scallop exports from Morocco stood at -2.2%. At the same time, Tunisia (+74.6%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +74.6% from 2012-2021. By contrast, the United Arab Emirates (-3.6%) and Saudi Arabia (-5.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Tunisia and Morocco increased by +3.6 and +3 percentage points, respectively.

In value terms, the United Arab Emirates ($X), Morocco ($X) and Tunisia ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 93% of total exports.

Tunisia, with a CAGR of +61.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, surging by 57% against the previous year. In general, the export price recorded a notable expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by 105%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.6%), while the other leaders experienced a decline in the export price figures.

Imports of Frozen Scallops, Including Queen Scallop

Imports in MENA

For the third consecutive year, MENA recorded decline in purchases abroad of frozen scallops, including queen scallop, which decreased by -6.8% to X tons in 2021. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 17% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports totaled $X in 2021. Overall, imports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2016 when imports increased by 31%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the major importer of frozen scallops, including queen scallop in MENA, with the volume of imports resulting at X tons, which was near 55% of total imports in 2021. Israel (X tons) ranks second in terms of the total imports with a 12% share, followed by Morocco (10%) and Turkey (8%). The following importers - Iraq (X tons), Oman (X tons) and Qatar (X tons) - together made up 7.7% of total imports.

From 2012 to 2021, average annual rates of growth with regard to frozen scallops, including queen scallop imports into the United Arab Emirates stood at -5.9%. At the same time, Iraq (+41.2%), Oman (+5.6%), Morocco (+5.1%) and Israel (+4.9%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of +41.2% from 2012-2021. Turkey experienced a relatively flat trend pattern. By contrast, Qatar (-17.4%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+15 p.p.), Israel (+8.9 p.p.), Morocco (+7.4 p.p.), Turkey (+4.8 p.p.), Iraq (+3.3 p.p.) and Oman (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Qatar (-2.5 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported frozen scallops, including queen scallop in MENA, comprising 57% of total imports. The second position in the ranking was held by Israel ($X), with a 13% share of total imports. It was followed by Morocco, with an 11% share.

In the United Arab Emirates, frozen scallops, including queen scallop imports decreased by an average annual rate of -1.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (+0.1% per year) and Morocco (+5.7% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, rising by 18% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the import price increased by 62%. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Iraq ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform