The 2023 global frozen scallops market showed some stability, with Peru holding the lead at $168.21 million, significantly eclipsing other exporters. France occupied the second position with $55.094 million. Denmark and Belgium followed with $20.011 million and $12.663 million, respectively. Notable year-on-year growth was observed in the Philippines (15.98%) and Thailand (15.83%), whereas Switzerland faced a significant drop of 44.65%. The rest of the countries had stagnant growth.
Looking ahead, increased demand from emerging Asian markets and potential sustainability trends in seafood could shift export dynamics. Peru is expected to maintain leadership, but rapid growth is anticipated in Asian countries like the Philippines, driven by expanding aquaculture practices and increasing global consumption.
Top countries in Frozen Scallops (Including Queen Scallop) Exports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 168,210,000 | 2023 | +22.56% | View data | |
| 2 | 2 France | 55,094,000 | 2023 | +18.93% | View data | |
| 3 | 3 Denmark | 20,011,000 | 2023 | +10.08% | View data | |
| 4 | 4 Belgium | 12,663,000 | 2023 | -1.21% | View data | |
| 5 | 5 Philippines | 7,141,100 | 2023 | +8.63% | +15.98% | View data |
| 6 | 6 Thailand | 590,140 | 2023 | +42.54% | +15.83% | View data |
| 7 | 7 Italy | 267,740 | 2023 | +14% | View data | |
| 8 | 8 Czech Republic | 126,060 | 2023 | +16.58% | View data | |
| 9 | 9 Luxembourg | 124,870 | 2023 | +30.5% | View data | |
| 10 | 10 Ireland | 94,150 | 2023 | +42.66% | View data |
