What is the price of scallops per kilogram/pound in Vietnam today?
The retail price range for Vietnam scallops is between US$ 4.63 and US$ 7.80 per kilogram or between US$ 2.10 and US$ 3.54 per pound(lb). Click here to see today's exact prices of scallops in Vietnam
The retail price range in Dong for scallops is between VND 115,710.00 and VND 194,880.00 per kilogram or between VND 52,476.19 and VND 88,380.95 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam scallops is between US$ 3.24 and US$ 5.46 per kilogram or between US$ 1.47 and US$ 2.47 per pound(lb).
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Vietnam Scallops Export Prices - Historical, Trends and Prediction
The export price per kilogram of Scallops from Vietnam over the last five years has been relatively stable. In 2013, the price was 15.21 US dollars per kg, and in 2014 it decreased slightly to 14.26 US dollars per kg. In 2015, the price increased slightly to 14.54 US dollars per kg, and in 2016 it rose to 18.24 US dollars per kg. In 2017, the price dropped to 15.67 US dollars per kg, and in 2018 it increased again to 19.62 US dollars per kg. The price remained relatively stable in 2019 and 2020, at 18.75 and 19.65 US dollars per kg respectively. Based on this data, it is likely that the export price per kilogram of Scallops from Vietnam will remain relatively stable in the next few years, with an estimated price of around 19.65 US dollars per kg in 2023 and 2024.Vietnam Scallops Import Prices - Historical, Trends and Prediction
The import price per kilogram of Scallops into Vietnam over the last five years has been quite volatile. In 2013, the price was 15.21 US dollars per kg, which dropped to 14.26 US dollars per kg in 2014. The price then increased to 14.54 US dollars per kg in 2015, before rising to 18.24 US dollars per kg in 2016. In 2017, the price dropped to 15.67 US dollars per kg, before increasing to 19.62 US dollars per kg in 2018. The price then dropped slightly to 18.75 US dollars per kg in 2019, before increasing to 19.65 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of Scallops into Vietnam will continue to increase in the coming years. We predict that the price will reach 20.50 US dollars per kg in 2023 and 21.35 US dollars per kg in 2024.Export values for Vietnam scallops
The total values in export for scallops in Vietnam were US$ 7,644, US$ 9,262, US$ 9,535 and US$ 8,851 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in Vietnam: 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.
Vietnam scallops - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam exported 472 tonnes of scallops. Through 2019 alone, the demand for Vietnam scallops (seafood category) has gone down, with a change of -2.881 % compared to the year 2018. Between 2017 and 2019, scallops' exports decreased by -20.14% bringing the nation US$8.85m for the year 2019. Vietnam's scallops exports are classified as:
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, smoked, frozen, dried, salted or in brine, even in shell (HS code 030729)
- Scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, frozen, even in shell (HS code 030722)
- Scallops, incl. queen scallops, prepared or preserved (excluding smoked) (HS code 160552)
- Live, fresh or chilled, scallops, incl. queen scallops, of the genera Pecten, Chlamys or Placopecten, even in shell (HS code 030721)
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Vietnam scallops export values
In 2019, Vietnam supplied scallops worth 8.85m USD, a contraction of -7.18% from 2018's total scallops export of 9.535m USD. The annual change in value of Vietnam scallops between 2017 to 2018 was 2.948 per cent.
The annual change in the quantity of Vietnam's scallops exports between 2017 and 2019 was -20.14 pc compared to a variation of -2.881% in the period between 2018 and 2019.
Vietnam's portion of the world's total scallops' exports in 2019 was less than 1%. Vietnam holds number 33 in world exports of scallops.
Export markets for Vietnam scallops ( in '000$ )
Import/Export Trends
Vietnam is a net importer of scallops. The annual growth of Vietnam scallops in value between 2015 to 2019 was 189%, per annum, while annual growth in quantity was 366%, per annum.
Vietnam brought in 672 tonnes of scallops in 2019.