In 2024, South Korea led the global imports of prepared or preserved scallops with the largest share in USD, showing a significant increase of 16.99% year-on-year. Other notable performers included Canada and Thailand with year-on-year increases of 8.97% and 18.89%, respectively. Germany and Belgium showed modest growth, while Spain's imports surged by 20.16%. Conversely, Japan experienced a notable decline of 31.4%, and the United Kingdom's imports dropped by 28.37%. Emerging markets like Poland saw a remarkable increase of 40.43%, whereas traditional markets like France saw a sharp decline of 34.41%.
Future trends to watch include the increasing demand in Asian markets, particularly South Korea and Thailand, driven by changing consumption patterns and growth in the middle class. European markets may see shifts as environmental policies and consumer preferences evolve. Monitoring these dynamics will be crucial for stakeholders in the seafood industry.
Top countries in Prepared or Preserved Scallops (Including Queen Scallops) Imports Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 South Korea | 37.48 | 2023 | +6.62% | +16.99% | View data |
2 | 2 Canada | 14.81 | 2023 | +2.49% | +8.97% | View data |
3 | 3 Thailand | 11.57 | 2023 | +8.07% | +18.89% | View data |
4 | 4 Germany | 9.88 | 2023 | +7.5% | +3.6% | View data |
5 | 5 Belgium | 6.56 | 2023 | +3.83% | +3.23% | View data |
6 | 6 Spain | 5.58 | 2023 | +5.2% | +20.16% | View data |
7 | 7 Japan | 4.56 | 2023 | -71.83% | -31.4% | View data |
8 | 8 Portugal | 2.4 | 2023 | +4% | -1.3% | View data |
9 | 9 Poland | 1.73 | 2023 | +55.24% | +40.43% | View data |
10 | 10 Austria | 1.59 | 2023 | +16.85% | +9.02% | View data |