China dominates the global prepared or preserved scallops export market with exports valued at $124.59 million in 2024, reflecting a growth rate of 2.23% from 2023. Japan follows with a significant decrease in market share, as exports decline by 13.15% to $42.924 million. Other notable exporters include Canada and Malaysia, experiencing increases in export values, with Canada growing by 4.99% to $2.2179 million, and Malaysia at a modest growth of 1.8%.
Emerging markets include Taiwan and Austria, showing year-on-year increases of 13.99% and 14.9% respectively. In contrast, Indonesia's and Norway's exports have decreased significantly by 30.59% and 13.28%, indicating potential challenges or shifts in supply and demand dynamics in these regions.
Future trends suggest the necessity for watching potential shifts in supplier dominance, particularly concerning sustainability practices, regulatory changes, and potential impacts of climate change on scallop availability. Other considerations include technological advancements in processing and preservation, alongside changing consumer preferences for sustainability-certified seafood products.
Top countries in Prepared or Preserved Scallops (Including Queen Scallops) Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 124,590,000 | 2023 | -0.53% | +2.23% | View data |
| 2 | 2 Japan | 42,924,000 | 2023 | -17% | -13.15% | View data |
| 3 | 3 Canada | 2,217,900 | 2023 | +2.13% | +4.99% | View data |
| 4 | 4 Malaysia | 706,160 | 2023 | +15.96% | +1.8% | View data |
| 5 | 5 Taiwan | 217,500 | 2023 | +6.34% | +13.99% | View data |
| 6 | 6 Indonesia | 95,720 | 2023 | -4.46% | -30.59% | View data |
| 7 | 7 Austria | 42,050 | 2023 | +37.19% | +14.9% | View data |
| 8 | 8 New Zealand | 10,570 | 2023 | +22.76% | +3.27% | View data |
| 9 | 9 Norway | 4,410 | 2023 | +7.31% | -13.28% | View data |
| 10 | 10 Ireland | 3,830 | 2021 | -47.62% | View data |
