Netherlands: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in the Netherlands

In 2021, the Dutch market for frozen scallops, including queen scallop was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption recorded a notable expansion. Frozen scallops, including queen scallop consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Frozen Scallops, Including Queen Scallop

Exports from the Netherlands

In 2021, shipments abroad of frozen scallops, including queen scallop increased by 41% to X tons, rising for the fourth consecutive year after three years of decline. Overall, exports saw a measured increase. The pace of growth was the most pronounced in 2014 with an increase of 73% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, frozen scallops, including queen scallop exports skyrocketed to $X in 2021. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 81% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of frozen scallops, including queen scallop exports from the Netherlands, together accounting for 72% of total exports. These countries were followed by Italy, the UK, Denmark, Sweden, Spain and Portugal, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +71.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) appeared to be the largest markets for frozen scallops, including queen scallop exported from the Netherlands worldwide, with a combined 62% share of total exports. Italy, the UK, Denmark, Sweden, Spain and Portugal lagged somewhat behind, together accounting for a further 24%.

Denmark, with a CAGR of +76.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for frozen scallops, including queen scallop stood at $X per ton in 2021, reducing by -3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2017 an increase of 31% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Scallops, Including Queen Scallop

Imports into the Netherlands

In 2021, approx. X tons of frozen scallops, including queen scallop were imported into the Netherlands; increasing by 26% against 2020. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 29% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, frozen scallops, including queen scallop imports soared to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Japan (X tons), Canada (X tons) and the United States (X tons) were the main suppliers of frozen scallops, including queen scallop imports to the Netherlands, together accounting for 61% of total imports. These countries were followed by France, Peru, Germany, Indonesia, Belgium and the UK, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +528.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen scallops, including queen scallop suppliers to the Netherlands were Japan ($X), Canada ($X) and the United States ($X), together comprising 74% of total imports. These countries were followed by Germany, France, Peru, Belgium, Indonesia and the UK, which together accounted for a further 21%.

Among the main suppliers, Indonesia, with a CAGR of +471.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for frozen scallops, including queen scallop amounted to $X per ton, surging by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2015 an increase of 18% against the previous year. Over the period under review, average import prices reached 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 supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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