What is the price of scallops per kilogram/pound in Philippines today?
The retail price range for Philippines scallops is between US$ 9.73 and US$ 31.64 per kilogram or between US$ 4.41 and US$ 14.35 per pound(lb). Click here to see today's exact prices of scallops in Philippines
The retail price range in Philippine peso for scallops is between PHP 541.46 and PHP 1,760.80 per kilogram or between PHP 245.56 and PHP 798.55 per pound(lb) in Manila and Quezon.
Wholesale prices
In 2024, the approximate wholesale price range for Philippines scallops is between US$ 6.81 and US$ 22.15 per kilogram or between US$ 3.09 and US$ 10.04 per pound(lb).
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Philippines Scallops Export Prices - Historical, Trends and Prediction
The export price per kilogram of Scallops from Philippines over the last five years has been quite volatile. In 2016, the price was 5.19 US$ per kg, which was the highest in the period. This was followed by a sharp decline in 2017 to 4.54 US$ per kg. In 2018, the price increased to 5.52 US$ per kg, before dropping again to 4.41 US$ per kg in 2019. The price has been relatively stable in the last two years, with 2020 and 2021 seeing prices of 4.46 US$ per kg and 4.74 US$ per kg respectively. Based on this trend, it is likely that the export price per kilogram of Scallops from Philippines in 2023 and 2024 will be around 4.50 US$ per kg and 4.70 US$ per kg respectively.Philippines Scallops Import Prices - Historical, Trends and Prediction
The import price per kilogram of Scallops into Philippines over the last five years has been quite volatile. In 2017, the price was at its lowest at $4.54, before rising to $5.52 in 2018. However, the price dropped again in 2019 to $4.41, before rising to $4.46 in 2020 and $4.74 in 2021. Based on this trend, it is likely that the price of Scallops in Philippines will remain around the $4.50 mark in 2023 and 2024.Export values for Philippines scallops
The total values in export for scallops in the Philippines were US$ 8,126, US$ 4,991, US$ 3,535 and US$ 3,112 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Philippines: 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.
Philippines scallops - Production, Exports, Imports, Seasons and HS Codes
The amount of scallops shipped by the Philippines in 2020 was 982 tons. In 2019 The Philippines shipped 705 tonnes of scallops. In 2019 alone, the interest in the Philippines scallops (seafood category) has surged, changing by 10.156 % compared to the year 2018. Between 2017 and 2019, scallops' exports decreased by -35.85% earning the Philippines US$3.11m for the year 2019. the Philippiness' scallops exports are classified as:
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, smoked, frozen, dried, salted or in brine, even in shell (HS code 030729)
- Scallops, incl. queen scallops, prepared or preserved (excluding smoked) (HS code 160552)
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, frozen, even in shell (HS code 030722)
- Live, fresh or chilled, scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, even in shell (HS code 030721)
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Philippines scallops export values
In 2019, the Philippines supplied scallops worth 3.11m USD, a reduction of -12.02% from 2018's total scallops export of 3.535m USD. The annual change in value of the Philippines scallops between 2017 to 2018 was -29.173 per cent.
The annual variation in the quantity of the Philippiness' scallops exports between 2017 and 2019 was -35.85 percent in comparison to a variation of 10.156% in the period between 2018 and 2019.
the Philippiness' share of the world's total scallops' exports in 2019 was 1.8 per cent. The country is ranked number 9 in world exports of scallops.
Export markets for Philippines scallops ( in '000$ )
Import/Export Trends
the Philippines is a net exporter of scallops. The annual growth of the Philippines scallops in value between 2015 to 2019 was -17%, per annum, while annual growth in quantity was -15%, per annum.
the Philippines ordered 204 tonnes of scallops in 2019.