What is the price of scallops per kilogram/pound in Myanmar today?
The retail price range for Myanmar scallops is between US$ 7.17 and US$ 16.72 per kilogram or between US$ 3.25 and US$ 7.58 per pound(lb). Click here to see today's exact prices of scallops in Myanmar
The retail price range in Kyat for scallops is between MMK 15,245.74 and MMK 35,573.40 per kilogram or between MMK 6,914.17 and MMK 16,133.06 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar scallops is between US$ 5.02 and US$ 11.70 per kilogram or between US$ 2.27 and US$ 5.31 per pound(lb).
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Myanmar Scallops Export Prices - Historical, Trends and Prediction
The export price per kilogram of Scallops from Myanmar over the last five years has seen a significant fluctuation. In 2012, the price was 14.77 US dollars per kg, which dropped to 13.47 US dollars per kg in 2013. The price then dropped to a low of 0.90 US dollars per kg in 2014, before increasing to 0.96 US dollars per kg in 2015. In 2016, the price rose to 1.12 US dollars per kg, and then to 1.22 US dollars per kg in 2017. The price then increased to 2.87 US dollars per kg in 2018, before dropping to 2.54 US dollars per kg in 2019. The price then rose to a high of 7.99 US dollars per kg in 2020, before dropping to 4.00 US dollars per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Scallops from Myanmar will be 4.50 US dollars per kg in 2023 and 5.00 US dollars per kg in 2024.Myanmar Scallops Import Prices - Historical, Trends and Prediction
The import price per kilogram of Scallops into Myanmar over the last five years has been quite varied. In 2017, the price was $1.22, followed by a significant increase to $2.87 in 2018. This was followed by a slight decrease to $2.54 in 2019, before a sharp increase to $7.99 in 2020. The price then dropped to $4.00 in 2021. Looking ahead, it is likely that the price of Scallops will remain relatively stable in the next two years. We predict that the price in 2023 will be around $4.50 and in 2024 it will be around $4.75.Export values for Myanmar scallops
The total values in export for scallops in Myanmar were US$ 644, US$ 1,339, US$ 846 and US$ 929 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Myanmar: 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.
Myanmar scallops - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar exported 370 tonnes of scallops. In 2019 alone, the market for Myanmar scallops (seafood category) has improved, changing by 28.472 per cent compared to the year 2018. Between 2017 and 2019, scallops' exports decreased by -66.21 percent bringing the exporter US$0.93m for the year 2019. Myanmar's scallops exports are classified as:
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, frozen, even in shell (HS code 030722)
- Live, fresh or chilled, scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, even in shell (HS code 030721)
- Scallops, incl. queen scallops, prepared or preserved (excluding smoked) (HS code 160552)
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, smoked, frozen, dried, salted or in brine, even in shell (HS code 030729)
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Myanmar scallops export values
In 2019, Myanmar exported scallops worth 0.93m USD, a growth of 9.93% from 2018's total scallops export of 0.846m USD. The yearly change in value of Myanmar scallops between 2017 to 2018 was -36.819 pc.
The annual change in the quantity of Myanmar's scallops exports between 2017 and 2019 was -66.21% when compared to a variation of 28.472% in the growth rate between 2018 and 2019.
Myanmar's portion of the world's total scallops' exports in 2019 was 5.1%. Myanmar holds position 6 in world exports of scallops.
Export markets for Myanmar scallops ( in '000$ )
Import/Export Trends
Myanmar is a net exporter of scallops. The annual growth of Myanmar scallops in value between 2015 to 2019 was 6%, per year, while annual growth in quantity through the same period was 4%, per annum.
Myanmar bought 2 tonnes of scallops in 2019.