The average price of sea scallops in the United States in 2019 was 9.41 U.S. dollars per pound. This was a decrease from around 12 U.S. dollars per pound in 2016.
Global seafood market
The global demand for seafood is on the rise. In 2018 the
seafood market worldwide was valued at 129.7 billion U.S. dollars, and is projected to increase to 155.3 billion U.S. dollars by 2023. The country with the
highest value of fish and fishery product exports in 2019 was the European Union, followed by China in fish exports.
Seafood consumption
Between 2014 and 2019 the
average annual per capita consumption of seafood worldwide amounted to around 20 kilograms per year. In the United States,
per capita consumption of fish and shellfish was about 16 pounds, or 7.3 kilograms per year, much less than the global average. American consumers seem to prefer meat, eggs, and dairy products when it comes to
choosing a protein source. Only about 29 percent of Americans eat seafood, compared to 78 percent who eat meat.