Republic of Korea: Fresh Fish Liver Market 2020

Fresh Fish Liver Market Size in Republic of Korea

The revenue of the fresh fish liver market in South Korea amounted to $X in 2017, reducing by -X% against the previous year. Overall, fresh fish liver consumption continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the fresh fish liver market attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Fresh Fish Liver Production in Republic of Korea

In 2017, the amount of fresh or chilled fish livers and roes produced in South Korea amounted to X kg, standing approx. at the previous year. Overall, fresh fish liver production continues to indicate a relatively flat trend pattern.

Fresh Fish Liver Exports from Republic of Korea

In 2017, approx. X kg of fresh or chilled fish livers and roes were exported from South Korea; rising by X% against the previous year. In general, fresh fish liver exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the fresh fish liver exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, fresh fish liver exports totaled $X in 2017. Overall, the total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh fish liver exports increased by +X% against 2007 indices. In that year, the fresh fish liver exports attained their peak level, and are likely to continue its growth in the immediate term.

Fresh Fish Liver Exports by Country from Republic of Korea

In 2017, China (X tons) represented the major exporter for fresh or chilled fish livers and roes, mixed up X% of total exports. The U.S. (X tons) occupied the second position in the ranking, followed by Senegal (X tons), Denmark (X tons) and Peru (X tons). All these countries together occupied near X% share of total exports. Spain (X tons), Bulgaria (X tons), Greenland (X tons), Pakistan (X tons), Norway (X tons), Canada (X tons) and Germany (X tons) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to fresh fish liver exports from China stood at +X%. At the same time, Senegal (+X%), Germany (+X%), Spain (+X%), Peru (+X%), Norway (+X%), Greenland (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Denmark experienced a relatively flat trend pattern. By contrast, Canada (-X%), Bulgaria (-X%) and Pakistan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Pakistan increased by X% percentage points, while Norway (-X%), Germany (-X%), Greenland (-X%), Spain (-X%), Peru (-X%), the U.S. (-X%), Senegal (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fresh fish liver supplier from South Korea, making up X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Senegal, with a X% share.

In China, fresh fish liver exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the U.S. (-X% per year) and Senegal (+X% per year).

Fresh Fish Liver Export Prices by Country in Republic of Korea

In 2017, the fresh fish liver export price in South Korea amounted to $X per kg, reducing by -X% against the previous year. Overall, fresh fish liver export price continues to indicate a drastic drop. The pace of growth was the most pronounced in 2016, an increase of -X% y-o-y. South Korea export price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per kg), while Germany ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year), while the other leaders experienced a decline in the export price figures.

Fresh Fish Liver Imports into Republic of Korea

In 2017, the amount of fresh or chilled fish livers and roes imported into South Korea amounted to X tons, falling by -X% against the previous year. Overall, fresh fish liver imports continue to indicate a moderate reduction. The most prominent rate of growth was recorded in 2015, when imports increased by -X% y-o-y. South Korea imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, fresh fish liver imports amounted to $X in 2017. In general, fresh fish liver imports continue to indicate an abrupt contraction. Over the period under review, the fresh fish liver imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Fresh Fish Liver Imports by Country into Republic of Korea

In 2017, Japan (X tons) and Taiwan, Chinese (X tons) represented the key importers of fresh or chilled fish livers and roes in the globe, together reaching near X% of total imports. The Netherlands (X tons) held the second position in the ranking, followed by Denmark (X tons) and France (X tons). All these countries together occupied approx. X% share of total imports. Belgium (X tons), Finland (X tons), Iceland (X tons), Russia (X tons), Latvia (X tons), Spain (X tons) and Italy (X tons) held the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Taiwan, Chinese ($X) constitutes the largest market for imported fresh or chilled fish livers and roes into South Korea, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Taiwan, Chinese amounted to +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and France (+X% per year).

Fresh Fish Liver Import Prices by Country in Republic of Korea

The fresh fish liver import price in South Korea stood at $X per ton in 2017, shrinking by -X% against the previous year. Overall, fresh fish liver import price continues to indicate a deep decline. The pace of growth appeared the most rapid in 2014, an increase of -X% against the previous year. South Korea import price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Taiwan, Chinese ($X per kg), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform