Republic of Korea - Frozen Fish Livers And Roes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jul 1, 2024

Republic of Korea - Frozen Fish Livers And Roes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fish; Frozen, Livers and Roes in South Korea - 2022

Contents:

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

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

In 2022, the average import price for fish; frozen, livers and roeses amounted to $4,318 per ton, with a decrease of -4.5% against the previous year. Overall, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 0.1% against the previous year. The import price peaked at $6,811 per ton in 2012; however, from 2013 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 Russia ($4,757 per ton), while the price for Norway ($2,406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish; frozen, livers and roeses stood at $3,770 per ton in 2022, with a decrease of -9.1% against the previous year. In general, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2016 an increase of 14% against the previous year. As a result, the export price attained the peak level of $6,686 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($29,120 per ton), while the average price for exports to Italy ($763 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 Malaysia (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Frozen, Livers and Roes in South Korea

For the third year in a row, South Korea recorded decline in purchases abroad of fish; frozen, livers and roeses, which decreased by -2.8% to 42K tons in 2022. Over the period under review, imports recorded a pronounced downturn. The smallest decline of -2.8% was in 2020.

In value terms, fish; frozen, livers and roes imports reduced to $179M in 2022. Overall, imports continue to indicate a deep setback. The smallest decline of -7.1% was in 2020.

Import of Fish; Frozen, Livers and Roes in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia167150133118-10.9%
United States40.939.938.737.3-3.0%
New Zealand11.813.615.517.614.3%
Norway2.02.42.83.318.2%
Others2.32.52.62.86.8%
Total224208193179-7.2%

Top Suppliers of Fish; Frozen, Livers and Roes to South Korea in 2022:

  1. Russia (24.9K tons)
  2. United States (10.1K tons)
  3. New Zealand (4.7K tons)
  4. Norway (1.4K tons)

Exports of Fish; Frozen, Livers and Roes in South Korea

For the third consecutive year, South Korea recorded decline in shipments abroad of fish; frozen, livers and roeses, which decreased by -6.7% to 5.3K tons in 2022. In general, exports continue to indicate a deep downturn.

In value terms, fish; frozen, livers and roes exports declined significantly to $20M in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The smallest decline of -15.2% was in 2020.

Export of Fish; Frozen, Livers and Roes in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.318.714.711.3-21.4%
Taiwan (Chinese)2.02.42.83.217.0%
Japan4.63.72.92.2-21.8%
Malaysia0.91.11.21.313.0%
New Zealand0.40.50.60.720.5%
Italy0.30.30.20.2-12.6%
Singapore0.20.20.20.20.0%
Others0.70.70.70.70.0%
Total32.427.523.319.8-15.1%

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

  1. China (2739.7 tons)
  2. Japan (1607.1 tons)
  3. New Zealand (283.1 tons)
  4. Italy (261.6 tons)
  5. Taiwan (Chinese) (111.1 tons)
  6. Malaysia (107.4 tons)
  7. Singapore (87.4 tons)

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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