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Soaring Prices of Scallops in Japan During February 2023

Seafood
Frozen Scallop
Japan
Price
Demand
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Yuta Watanabe
Updated Mar 24, 2023
Demand for scallops has increased in Japan, mainly in the metropolitan areas such as Tokyo and Osaka, but wholesale prices have been 1.5 times higher than in 2022, an unusual situation. The shipments in February 2023 barely changed compared to February 2022. Nonetheless, wholesale prices have been about 1.5 times higher than in 2022, which is unusual.

Feb 2022 Price: USD 17.9/kg
Feb 2023 Price: USD 26.8/kg
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