| Product Code: ETC387089 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to heavily rely on molluscs import shipments from key players such as Japan, Vietnam, Singapore, South Korea, and China. Despite a significant negative CAGR of -38.19% from 2020 to 2024 and a steep decline in growth rate of -67.88% from 2023 to 2024, the market remained highly concentrated with a very high Herfindahl-Hirschman Index (HHI). This data suggests a challenging landscape for the molluscs import market in the Philippines, highlighting the importance of monitoring trends and potential shifts in supply dynamics.

In the Philippines, the molluscs market plays a vital role in the seafood industry and local cuisine. Molluscs, which include a diverse range of shellfish and snails, are sought after for their unique flavors and textures. This market encompasses a wide variety of species, each holding cultural and culinary significance in Filipino dishes. From clams and oysters to abalones and snails, molluscs are enjoyed in traditional recipes and innovative culinary creations alike. The market`s growth is supported by both domestic consumption and exports, contributing to the Philippines` economic activities.
The molluscs market in the Philippines, which includes products like clams, oysters, and snails, has grown due to their significance in local cuisine. Molluscs are used in a wide range of traditional dishes and seafood delicacies. The rise of aquaculture practices has also increased the availability of mollusc products, meeting both domestic and potentially export-oriented demand.
The Philippines molluscs market faces challenges related to environmental factors and pollution. Molluscs, such as clams and scallops, are sensitive to water quality, and pollution can affect their growth and safety for consumption. Overharvesting and improper farming practices can lead to declining mollusc populations. Ensuring sustainable aquaculture practices, monitoring water quality, and addressing pollution are critical for the growth and safety of the molluscs market.
The COVID-19 pandemic impacted the Philippines molluscs market. Disruptions in global seafood trade and logistics affected the availability of molluscs products. Reduced imports and disruptions in transportation led to supply shortages and increased prices. The situation emphasized the importance of building resilient supply chains and exploring domestic production capacities to mitigate future disruptions.
In the Philippines molluscs market, companies engaged in seafood processing and export are key players. Companies like Philippine Blue Ocean Harvest Inc. specialize in processing and exporting various molluscs such as clams, oysters, and scallops, contributing to both local consumption and international seafood trade.