Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in South Korea - 2022

Contents:

  1. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in South Korea (CIF) - 2022
  2. Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in South Korea

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in South Korea (CIF) - 2022

The average import price for fish; live, bluefin tunas (thunnus thynnus)s stood at $1,796 per ton in 2022, shrinking by -54.2% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2015 when the average import price increased by 124% against the previous year. The import price peaked at $24,884 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malta ($6,946 per ton), while the price for the United States ($895 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (-4.8%), while the prices for the other major suppliers experienced a decline.

Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in South Korea

Imports of fish; live, bluefin tunas (thunnus thynnus)s into South Korea skyrocketed to 299 tons in 2022, picking up by 128% against the previous year. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish; live, bluefin tunas (thunnus thynnus)s expanded modestly to $538K in 2022. Overall, imports, however, faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year.

Import of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,068233463484-23.2%
United States32.418.038.543.310.1%
Others21.124112.910.4-21.0%
Total1,122491515538-21.7%

Top Suppliers of Fish; Live, Bluefin Tunas (Thunnus Thynnus) to South Korea in 2022:

  1. Japan (249.6 tons)
  2. United States (48.4 tons)

Source: IndexBox Market Intelligence Platform

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