ANALYSIS: US Frozen Scallop Prices Hit Record Highs as Tariffs and Tight Supply Squeeze Imports

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Total frozen scallop imports into the US are down 48.9% year-to-date in 2026, falling from 27.5 million pounds to just 14.1 million pounds. The headline decline is heavily influenced by the front-loading that inflated Q1 2025 — importers aggressively accelerated shipments ahead of tariff implementation, creating an artificially elevated baseline. As the year progresses and both periods fall within a tariff environment, the year-over-year comparisons begin to...

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