Western Africa: Market for Frozen Scallops, Including Queen Scallop 2025

Market Size for Frozen Scallops, Including Queen Scallop in Western Africa

In 2021, after five years of growth, there was significant decline in the West African market for frozen scallops, including queen scallop, when its value decreased by -26.1% to $X. Over the period under review, consumption, however, posted a modest expansion. The level of consumption peaked at $X in 2020, and then contracted notably in the following year.

Production of Frozen Scallops, Including Queen Scallop in Western Africa

In value terms, frozen scallops, including queen scallop production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20%. The level of production peaked at $X in 2020, and then declined slightly in the following year.

Exports of Frozen Scallops, Including Queen Scallop

Exports in Western Africa

In 2021, shipments abroad of frozen scallops, including queen scallop was finally on the rise to reach X tons after five years of decline. Over the period under review, exports continue to indicate strong growth. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, frozen scallops, including queen scallop exports surged to $X in 2021. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 286%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Gambia (X tons) and Senegal (X tons) prevails in exports structure, together generating 95% of total exports. It was distantly followed by Mauritania (X tons), creating a 5.1% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Gambia (with a CAGR of +30.4%), while the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) remains the largest frozen scallops, including queen scallop supplier in Western Africa, comprising 70% of total exports. The second position in the ranking was held by Gambia ($X), with a 16% share of total exports.

In Senegal, frozen scallops, including queen scallop exports increased at an average annual rate of +5.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Gambia (+20.8% per year) and Mauritania (+27.3% per year).

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, with a decrease of -57.5% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2017 an increase of 92% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2020, and then shrank dramatically in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while Gambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (+7.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Frozen Scallops, Including Queen Scallop

Imports in Western Africa

Frozen scallops, including queen scallop imports was estimated at X tons in 2021, remaining stable against the year before. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 46% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, frozen scallops, including queen scallop imports rose sharply to $X in 2021. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 107%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the four major importers of frozen scallops, including queen scallop, namely Mauritania, Senegal, Mali and Cote d'Ivoire, represented more than two-thirds of total import. It was distantly followed by Cabo Verde (X kg), committing a 4.7% share of total imports. The following importers - Togo (X kg) and Liberia (X kg) - each reached a 6.2% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mali (with a CAGR of +79.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Mali ($X) and Senegal ($X) were the countries with the highest levels of imports in 2021, together accounting for 55% of total imports.

In terms of the main importing countries, Mali, with a CAGR of +67.5%, 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 import price in Western Africa amounted to $X per ton, with an increase of 6.5% against the previous year. In general, the import price, however, recorded a pronounced decline. The growth pace was the most rapid in 2016 an increase of 41%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cabo Verde (+13.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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