The global market for prepared or preserved abalone imports has shown varied trends across countries in recent years. As of 2023, Malaysia leads with imports valued at 23.049 million USD, followed by the United States with 20.802 million USD. The United States and South Korea showed significant year-on-year growth of 17.72% and 13.97%, respectively. Notably, China saw a remarkable increase of 63.42%, while Japan experienced a decline of 7.35%. Smaller markets like Austria and the Philippines hold minimal shares. The CAGR across most markets has been positive, signaling an increasing trend of abalone consumption globally.
Future trends in the global abalone market may include:
- Increased consumption in the Asian market, particularly China and Korea, due to rising popularity of abalone as a delicacy.
- A focus on sustainable sourcing in regions experiencing surges in demand to balance ecological impact.
- Potential for growth in premium markets such as the United States, with rising demand for gourmet seafood products.
- Fluctuating economic conditions might impact imports, necessitating strategic sourcing and market diversification.
Top countries in Prepared or Preserved Abalone Imports by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 23,049,000 | 2023 | +6.58% | -0.15% | View data |
| 2 | 2 United States | 20,802,000 | 2023 | +3.76% | +17.72% | View data |
| 3 | 3 South Korea | 17,924,000 | 2023 | +7.35% | +13.97% | View data |
| 4 | 4 China | 6,631,200 | 2023 | +29.95% | +63.42% | View data |
| 5 | 5 Japan | 6,053,600 | 2023 | -1.43% | -7.35% | View data |
| 6 | 6 Australia | 927,500 | 2023 | +34.56% | +11.59% | View data |
| 7 | 7 Mexico | 295,130 | 2023 | +4.04% | +6.25% | View data |
| 8 | 8 Belgium | 244,620 | 2023 | +22.48% | +11.65% | View data |
| 9 | 9 United Kingdom | 12,070 | 2023 | -80.61% | -45.19% | View data |
| 10 | 10 France | 2,180 | 2021 | +234.23% | -50.33% | View data |
