Mollusc preparations: scallops, including queen scallops, prepared or preserved

In 2024, mollusc preparations: scallops, including queen scallops, prepared or preserved trade exhibited significant decline, with global flows reaching $203,490,406 and a three-year compound annual growth rate of +2.7% (five-year: +4.7%). The all-time peak of $256,589,143 was recorded in 2015; the current level is 21% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+4.0% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.371). The three largest exporters — Japan ($102.0M), China ($84.0M), and Netherlands ($8.4M) — collectively dominate supply flows. The leading exporter has grown at +13.9% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.173). The three largest import markets are Hong Kong ($68.8M), Taiwan ($35.3M), and Japan ($22.3M). The largest importing market sources from 11 different supplying countries.

The dominant trade corridor is Japan → Hong Kong at $58.1M, representing 84.5% of the importer's total demand.

The volatility score for mollusc preparations: scallops, including queen scallops, prepared or preserved is 9 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.