Republic of Korea - Herring, Salted Or In Brine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Herring, Salted or in Brine in South Korea - 2022
Contents:
- Price for Herring, Salted or in Brine in South Korea (CIF) - 2022
- Price for Herring, Salted or in Brine in South Korea (FOB) - 2022
- Imports of Herring, Salted or in Brine in South Korea
- Exports of Herring, Salted or in Brine in South Korea
Price for Herring, Salted or in Brine in South Korea (CIF) - 2022
In 2022, the average import price for herring, salted or in brine amounted to $2,681 per ton, rising by 46% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. Over the period under review, average import prices attained the maximum at $9,681 per ton in 2016; however, from 2017 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 Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +12.8% per year.
Price for Herring, Salted or in Brine in South Korea (FOB) - 2022
In 2022, the average export price for herring, salted or in brine amounted to $28,167 per ton, growing by 1,710% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +21.6% per year.
Imports of Herring, Salted or in Brine in South Korea
After three years of growth, supplies from abroad of herring, salted or in brine decreased by -42.3% to 7.3 tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year.
In value terms, herring, salted or in brine imports fell significantly to $20K in 2022. In general, imports saw a abrupt decline. The smallest decline of -10.1% was in 2020.
| Import of Herring, Salted or in Brine in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 5.0 | 0.9 | N/A | 19.7 | 57.9% |
| Indonesia | N/A | 22.1 | N/A | N/A | 0% |
| Sri Lanka | 18.7 | 2.4 | 8.4 | N/A | -33.0% |
| Others | 5.5 | 0.8 | 14.9 | N/A | 64.6% |
| Total | 29.2 | 26.3 | 23.3 | 19.7 | -12.3% |
Top Suppliers of Herring, Salted or in Brine to South Korea in 2022:
- Lithuania (7.3 tons)
Exports of Herring, Salted or in Brine in South Korea
Herring, salted or in brine exports from South Korea reduced rapidly to 30 kg in 2022, declining by -98.1% on the year before. In general, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 158% against the previous year.
In value terms, herring, salted or in brine exports dropped notably to $845 in 2022. Overall, exports showed a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 47%.
| Export of Herring, Salted or in Brine in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 0.8 | 0% |
| New Zealand | 7.7 | 0.8 | 0.8 | N/A | -67.8% |
| United States | 5.9 | 0.3 | 0.5 | N/A | -70.9% |
| Bangladesh | N/A | 0.6 | N/A | N/A | 0% |
| Canada | N/A | N/A | 1.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.6 | 1.7 | 2.5 | 0.8 | -61.1% |
Top Export Markets for Herring, Salted or in Brine from South Korea in 2022:
- Malaysia (30.0 kg)
This report provides an in-depth analysis of the market for herring, salted or in brine in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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