Southern Asia: Molluscs Market 2025

Molluscs Market Size in Southern Asia

In 2021, the South Asian molluscs market increased by 0.9% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Molluscs Production in Southern Asia

In value terms, molluscs production rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 13% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Molluscs Exports

Exports in Southern Asia

Molluscs exports soared to X tons in 2021, increasing by 25% on the year before. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -0.4% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 28%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, molluscs exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 46%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

India was the key exporting country with an export of around X tons, which recorded 79% of total exports. It was distantly followed by Pakistan (X tons), generating a 19% share of total exports.

Exports from India increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, Pakistan (+39.6%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +39.6% from 2012-2021. From 2012 to 2021, the share of Pakistan increased by +17 percentage points.

In value terms, India ($X) remains the largest molluscs supplier in Southern Asia, comprising 86% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in India amounted to +7.4%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, surging by 9.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2016 when the export price increased by 21%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.7%).

Molluscs Imports

Imports in Southern Asia

In 2021, purchases abroad of molluscs (scallops, mussels, cuttle fish, squid and octopus) was finally on the rise to reach X tons for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, imports, however, saw a abrupt downturn. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, molluscs imports soared to $X in 2021. In general, imports, however, recorded a abrupt decline. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Sri Lanka (X tons) and India (X tons) represented the largest importers of molluscs (scallops, mussels, cuttle fish, squid and octopus) in 2021, recording approx. 43% and 32% of total imports, respectively. Maldives (X tons) took the next position in the ranking, distantly followed by Bangladesh (X tons). All these countries together held approx. 23% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +37.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest molluscs importing markets in Southern Asia were India ($X), Maldives ($X) and Sri Lanka ($X), with a combined 95% share of total imports.

Among the main importing countries, India, with a CAGR of +11.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, growing by 3.1% against the previous year. In general, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 39% against the previous year. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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