In 2023, South Korea imported fresh or chilled live scallops valued at approximately 31.459 million USD. The forecasted import values show a steady increase as follows:
- 2024: 32.274 million USD (forecasted)- 2025: 33.129 million USD (forecasted)- 2026: 33.968 million USD (forecasted)- 2027: 34.789 million USD (forecasted)- 2028: 35.595 million USD (forecasted)
The year-on-year variation is expected to be:
- 2024/2023: 2.59%- 2025/2024: 2.65%- 2026/2025: 2.53%- 2027/2026: 2.42%- 2028/2027: 2.32%
The CAGR from 2024 to 2028 is projected to be 2.50%, indicating a consistent and steady growth trend.
Future trends to watch for include possible shifts in global seafood demand, changes in trade policies, and advancements in aquaculture technology, which could impact both supply and import dynamics.
