Report Update Nov 1, 2024

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

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Pakistan: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Pakistan

In 2021, after nine years of growth, there was significant decline in the Pakistani market for frozen scallops, including queen scallop, when its value decreased by -16.6% to $X. Overall, consumption, however, enjoyed a significant expansion. Over the period under review, the market hit record highs at $X in 2020, and then declined markedly in the following year.

Production of Frozen Scallops, Including Queen Scallop in Pakistan

In value terms, frozen scallops, including queen scallop production shrank rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 64%. As a result, production reached the peak level of $X, and then declined remarkably in the following year.

Exports of Frozen Scallops, Including Queen Scallop

Exports from Pakistan

In 2021, shipments abroad of frozen scallops, including queen scallop was finally on the rise to reach X tons for the first time since 2012, thus ending a eight-year declining trend. In general, exports, however, recorded a significant decline. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, frozen scallops, including queen scallop exports soared to $X in 2021. Over the period under review, exports, however, faced a sharp downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons) was the main destination for frozen scallops, including queen scallop exports from Pakistan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Bangladesh stood at +218.3%.

In value terms, Bangladesh ($X) also remains the key foreign market for frozen scallops, including queen scallop exports from Pakistan.

From 2012 to 2021, the average annual rate of growth in terms of value to Bangladesh amounted to +147.7%.

Export Prices by Country

The average export price for frozen scallops, including queen scallop stood at $X per ton in 2021, with a decrease of -22.2% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 119%. As a result, the export price reached the peak level of $X per ton, and then fell notably in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +27.1% per year.

Imports of Frozen Scallops, Including Queen Scallop

Imports into Pakistan

For the third consecutive year, Pakistan recorded decline in overseas purchases of frozen scallops, including queen scallop, which decreased by 0% to X kg in 2021. Overall, imports saw a slight reduction. The growth pace was the most rapid in 2018 with an increase of 446%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen scallops, including queen scallop imports amounted to $X in 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 1,021%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United Arab Emirates (X kg) was the main supplier of frozen scallops, including queen scallop to Pakistan, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates stood at +66.5%.

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

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +130.5%.

Import Prices by Country

In 2021, the average import price for frozen scallops, including queen scallop amounted to $X per ton, almost unchanged from the previous year. Overall, the import price showed a significant increase. The growth pace was the most rapid in 2019 when the average import price increased by 175% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +38.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Japan remains the largest frozen scallops, including queen scallop consuming country worldwide, comprising approx. 44% of total volume. Moreover, frozen scallops, including queen scallop consumption in Japan exceeded the figures recorded by the second-largest consumer, China, threefold. Argentina ranked third in terms of total consumption with a 12% share.

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

The country with the largest volume of frozen scallops, including queen scallop production was Japan, accounting for 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 Pakistan?

In value terms, Thailand constituted the largest supplier of frozen scallops, including queen scallop to Pakistan.

What are the leading importers of frozen scallops, including queen scallop from Pakistan?

In value terms, Malaysia remains the key foreign market for frozen scallops, including queen scallop exports from Pakistan.

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

The average export price for frozen scallops, including queen scallop stood at $1,256 per ton in 2021, remaining stable against the previous year.

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

In 2021, the average import price for frozen scallops, including queen scallop amounted to $3,531 per ton, approximately reflecting the previous year.

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

Pakistan

Data coverage:

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