Republic of Korea - Fresh Or Chilled Fish Livers And Roes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Aug 1, 2024

Republic of Korea - Fresh Or Chilled Fish Livers And Roes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish; Fresh or Chilled, Livers and Roes in South Korea - 2022

Contents:

  1. Price for Fish; Fresh or Chilled, Livers and Roes in South Korea (CIF) - 2022
  2. Price for Fish; Fresh or Chilled, Livers and Roes in South Korea (FOB) - 2022
  3. Imports of Fish; Fresh or Chilled, Livers and Roes in South Korea
  4. Exports of Fish; Fresh or Chilled, Livers and Roes in South Korea

Price for Fish; Fresh or Chilled, Livers and Roes in South Korea (CIF) - 2022

In 2022, the average import price for fish; fresh or chilled, livers and roeses amounted to $12,099 per ton, dropping by -28.4% against the previous year. Over the period under review, the import price, however, enjoyed resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 261%. The import price peaked at $87,384 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,122 per ton), while the price for the United States stood at $4,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+204.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish; Fresh or Chilled, Livers and Roes in South Korea (FOB) - 2022

In 2022, the average export price for fish; fresh or chilled, livers and roeses amounted to $6,572 per ton, reducing by -9.8% against the previous year. In general, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 19% against the previous year. The export price peaked at $17,910 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($11,663 per ton), while the average price for exports to the United States ($3,762 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Fish; Fresh or Chilled, Livers and Roes in South Korea

Imports of fish; fresh or chilled, livers and roeses into South Korea skyrocketed to 674 kg in 2022, with an increase of 20% against the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of fish; fresh or chilled, livers and roeses contracted to $8.2K in 2022. Overall, imports, however, recorded a deep setback. The smallest decline of -14.1% was in 2020.

Import of Fish; Fresh or Chilled, Livers and Roes in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12.811.09.58.1-14.1%
OthersN/AN/AN/AN/A0%
Total12.911.09.58.2-14.0%

Top Suppliers of Fish; Fresh or Chilled, Livers and Roes to South Korea in 2022:

  1. Italy (672.0 kg)

Exports of Fish; Fresh or Chilled, Livers and Roes in South Korea

In 2022, the amount of fish; fresh or chilled, livers and roeses exported from South Korea skyrocketed to 596 kg, rising by 20% compared with 2021. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of fish; fresh or chilled, livers and roeses totaled $3.9K in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 8.2%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Fish; Fresh or Chilled, Livers and Roes in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.81.92.02.15.3%
Singapore0.70.81.01.219.7%
United States0.60.60.60.60.0%
OthersN/AN/AN/AN/A0%
Total3.13.33.63.98.0%

Top Export Markets for Fish; Fresh or Chilled, Livers and Roes from South Korea in 2022:

  1. Singapore (247.0 kg)
  2. Australia (181.0 kg)
  3. United States (168.0 kg)

Source: IndexBox Market Intelligence Platform

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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