The forecast for the import of fresh or chilled live scallops to the UAE indicates a consistent upward trend from 2024 to 2028. Starting at 60.93 thousand kilograms in 2024, imports are projected to grow to 62.87 thousand kilograms by 2028. This demonstrates a steady yearly increase, reflecting a compound annual growth rate (CAGR) of approximately 0.8% over the forecast period.
Key variations to note include:
- 2024 to 2025: 0.82%
- 2025 to 2026: 0.80%
- 2026 to 2027: 0.78%
- 2027 to 2028: 0.75%
Given these trends, stakeholders should monitor factors such as changing consumer preferences, advancements in marine farming practices, potential trade agreements, and environmental regulations affecting scallop fisheries. These elements will be crucial in influencing future import volumes and ensuring sustainable growth in the UAE's seafood market.
