Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in South Korea - 2022

Contents:

  1. Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in South Korea (CIF) - 2022
  2. Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in South Korea

Price for Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in South Korea (CIF) - 2022

The average import price for fish fillets; frozen, haddock (melanogrammus aeglefinus)s stood at $2,417 per ton in 2022, declining by -32.2% against the previous year. Overall, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19% against the previous year. The import price peaked at $11,600 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +2.1% per year.

Imports of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in South Korea

In 2022, approx. 24 kg of fish fillets; frozen, haddock (melanogrammus aeglefinus)s were imported into South Korea; which is down by -20% on the previous year. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 900% against the previous year. As a result, imports reached the peak of 30 kg, and then shrank significantly in the following year.

In value terms, imports of fish fillets; frozen, haddock (melanogrammus aeglefinus)s fell dramatically to $58 in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 1,089%. As a result, imports attained the peak of $107, and then fell markedly in the following year.

Import of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) in South Korea (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany57.0N/AN/A29.0-20.2%
China1.0N/AN/AN/A0%
SingaporeN/A1.01.0N/A0.0%
NetherlandsN/A4.053.0N/A1225.0%
OthersN/A4.053.029.0169.3%
Total58.09.010758.00.0%

Top Suppliers of Fish Fillets; Frozen, Haddock (Melanogrammus Aeglefinus) to South Korea in 2022:

  1. Germany (12.0 kg)

Source: IndexBox Market Intelligence Platform

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