Price for Fish; Live, Eels (Anguilla Spp.) in South Korea - 2022
Contents:
- Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (CIF) - 2022
- Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (FOB) - 2022
- Imports of Fish; Live, Eels (Anguilla Spp.) in South Korea
- Exports of Fish; Live, Eels (Anguilla Spp.) in South Korea
Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (CIF) - 2022
In December 2022, the average import price for fish; live, eels (anguilla spp.)s amounted to $11,683 per ton, declining by -3.1% against the previous month. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 467% against the previous month. Over the period under review, average import prices attained the maximum at $207K per ton in March 2022; however, from April 2022 to December 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Morocco ($14,698 per ton), while the price for China totaled $11,578 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Morocco (-0.0%).
Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (FOB) - 2022
The average export price for fish; live, eels (anguilla spp.)s stood at $24,961 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $25,208 per ton in 2020; however, from 2021 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 Japan ($33,269 per ton), while the average price for exports to Hong Kong SAR ($21,365 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 (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish; Live, Eels (Anguilla Spp.) in South Korea
Fish; live, eels (anguilla spp.) imports into South Korea soared to 10K tons in 2022, jumping by 297% against the year before. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish; live, eels (anguilla spp.) imports skyrocketed to $169M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Fish; Live, Eels (Anguilla Spp.) in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 18.9 | 44.9 | 16.7 | 112 | 81.0% |
China | 3.2 | 15.0 | 15.3 | 35.0 | 122.0% |
Taiwan (Chinese) | 0.9 | 0.4 | 8.3 | 17.4 | 168.4% |
Morocco | 1.2 | 1.3 | 1.4 | 2.0 | 18.6% |
Others | 3.0 | 1.7 | 1.8 | 2.9 | -1.1% |
Total | 27.3 | 63.3 | 43.4 | 169 | 83.6% |
Top Suppliers of Fish; Live, Eels (Anguilla Spp.) to South Korea in 2022:
- Hong Kong SAR (6.2K tons)
- China (2.7K tons)
- Taiwan (Chinese) (1.3K tons)
- Morocco (0.1K tons)
Exports of Fish; Live, Eels (Anguilla Spp.) in South Korea
After two years of decline, shipments abroad of fish; live, eels (anguilla spp.)s increased by 34% to 4.1 tons in 2022. Overall, exports, however, saw a sharp decline.
In value terms, fish; live, eels (anguilla spp.) exports surged to $103K in 2022. Over the period under review, exports, however, showed a deep reduction.
Export of Fish; Live, Eels (Anguilla Spp.) in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 152 | 77.8 | 41.7 | 58.1 | -27.4% |
United States | 13.0 | 31.4 | 27.4 | 34.5 | 38.4% |
Japan | 22.2 | 16.3 | 4.1 | 7.1 | -31.6% |
Malaysia | 5.4 | 3.0 | 1.7 | 2.6 | -21.6% |
Taiwan (Chinese) | 3.7 | 1.4 | 0.5 | 0.5 | -48.7% |
Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
Total | 197 | 130 | 75.5 | 103 | -19.4% |
Top Export Markets for Fish; Live, Eels (Anguilla Spp.) from South Korea in 2022:
- Hong Kong SAR (2718.0 kg)
- United States (1084.0 kg)
- Japan (212.0 kg)
- Malaysia (79.0 kg)
- Taiwan (Chinese) (22.0 kg)
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