Report Update Nov 1, 2024

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

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Peru: Market for Frozen Scallops, Including Queen Scallop 2024

Market Size for Frozen Scallops, Including Queen Scallop in Peru

In 2021, the Peruvian market for frozen scallops, including queen scallop decreased by -85.3% to $X, falling for the fifth year in a row after two years of growth. In general, consumption showed a sharp decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Frozen Scallops, Including Queen Scallop in Peru

In value terms, frozen scallops, including queen scallop production amounted to $X in 2021 estimated in export price. Over the period under review, production faced a deep downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by 18% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Frozen Scallops, Including Queen Scallop

Exports from Peru

In 2021, overseas shipments of frozen scallops, including queen scallop increased by 12% to X tons, rising for the fourth year in a row after four years of decline. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 177%. The exports peaked at X tons in 2013; however, from 2014 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 continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when exports increased by 110%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Spain (X tons) and France (X tons) were the main destinations of frozen scallops, including queen scallop exports from Peru, with a combined 59% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +29.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen scallops, including queen scallop exported from Peru were the United States ($X), Spain ($X) and France ($X), with a combined 60% share of total exports.

Spain, with a CAGR of +30.8%, saw the highest growth rate of the value of exports, among 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

In 2021, the average export price for frozen scallops, including queen scallop amounted to $X per ton, jumping by 42% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Belgium ($X per ton), while the average price for exports to Italy ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Frozen Scallops, Including Queen Scallop

Imports into Peru

In 2021, overseas purchases of frozen scallops, including queen scallop decreased by 0% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2017 with an increase of 87%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen scallops, including queen scallop imports amounted to $X in 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by 213% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) was the main frozen scallops, including queen scallop supplier to Peru, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +1.8%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +11.9%.

Import Prices by Country

The average import price for frozen scallops, including queen scallop stood at $X per ton in 2021, remaining constant against the previous year. Overall, the import price recorded strong growth. The most prominent rate of growth was recorded in 2015 an increase of 229% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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 France amounted to +13.3% 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, 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 Peru?

In value terms, the United States constituted the largest supplier of frozen scallops, including queen scallop to Peru.

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

In value terms, the United States, France and Spain were the largest markets for frozen scallops, including queen scallop exported from Peru worldwide, with a combined 60% share of total exports. Vietnam, Belgium, Canada, Chile, Australia, Germany, the Netherlands, Italy and Thailand lagged somewhat behind, together accounting for a further 32%.

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

The average export price for frozen scallops, including queen scallop stood at $8,733 per ton in 2021, surging by 19% against the previous year.

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

The average import price for frozen scallops, including queen scallop stood at $13,424 per ton in 2021, growing by 7.1% against the previous year.

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

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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