What is the price of scallops per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong scallops is between US$ 13.72 and US$ 17.46 per kilogram or between US$ 6.22 and US$ 7.92 per pound(lb). Click here to see today's exact prices of scallops in Hong Kong
The retail price range in Hong Kong Dollar for scallops is between HKD 107.20 and HKD 136.45 per kilogram or between HKD 48.62 and HKD 61.88 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong scallops is between US$ 9.60 and US$ 12.22 per kilogram or between US$ 4.35 and US$ 5.54 per pound(lb).
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Hong Kong Scallops Export Prices - Historical, Trends and Prediction
The export price of scallops from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $7.90, which increased to $8.20 in 2019. In 2020, the price rose to $8.50, and in 2021 it further increased to $8.80. The most recent data shows that the export price per kilogram of scallops from Hong Kong was $9.10 in 2022. Overall, the export price of scallops from Hong Kong has increased by 15.19% over the past five years. It is likely that the export price will continue to increase in the coming years, with an estimated price of $9.30 in 2023 and $9.50 in 2024.Hong Kong Scallops Import Prices - Historical, Trends and Prediction
The import price of scallops into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $3.90, which increased to $4.20 in 2019. In 2020, the price rose to $4.50, and in 2021 it further increased to $4.80. The most recent data shows that the import price per kilogram of scallops into Hong Kong was $5.10 in 2022. Overall, the import price of scallops into Hong Kong has increased by 30.8% over the past five years. This trend is likely to continue in the coming years, and it is expected that the import price per kilogram of scallops into Hong Kong will reach $5.50 in 2023 and $5.90 in 2024.Export values for Hong Kong scallops
The total values in export for scallops in Hong Kong were US$ 60,427, US$ 26,165, US$ 32,376 and US$ 25,107 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Hong Kong: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of scallops in other countries across Asia: Kazakhstan scallops, Kyrgyzstan scallops, Tajikistan scallops, Turkmenistan scallops, Uzbekistan scallops, China scallops, Hong Kong scallops, Macao scallops, North Korea scallops & Mongolia scallops.
Hong Kong scallops - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong shipped 1,416 tonnes of scallops. In 2019 alone, the market for Hong Kong scallops (seafood category) has decreased, flactuating by -39.097 percent compared to the year 2018. Between 2017 and 2019, scallops' exports grew by 25.64 percent netting the country US$25.11m for the year 2019. Hong Kong's scallops exports are categorised as:
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, frozen, even in shell (HS code 030722)
- Scallops, incl. queen scallops, prepared or preserved (excluding smoked) (HS code 160552)
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, smoked, frozen, dried, salted or in brine, even in shell (HS code 030729)
- Live, fresh or chilled, scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, even in shell (HS code 030721)
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Hong Kong scallops export values
In 2019, Hong Kong supplied scallops with a value of 25.11m USD, a drop of -22.44% from 2018's total scallops export of 32.376m USD. The yearly change in value of Hong Kong scallops between 2017 to 2018 was 23.738 per cent.
The per year variation in the quantity of Hong Kong's scallops exports between 2017 and 2019 was 25.64 per cent when compared to a variation of -39.097% in the growth rate between 2018 and 2019.
Hong Kong's portion of the world's total scallops' exports in 2019 was 7.8 pc. Hong Kong is ranked position 5 in world exports of scallops.
Export markets for Hong Kong scallops ( in '000$ )
Import/Export Trends
Hong Kong is a net importer of scallops. The annual growth of Hong Kong scallops in value between 2015 to 2019 was 51%, per year, while annual growth in quantity during the same period was -13%, per annum.
Hong Kong procured 9,815 tonnes of scallops in 2019.