South Korea: Only 8% of total seafood shipment is traceable

Published 2021년 9월 27일

Tridge summary

A report from the Fisheries Law Assembly member at the Ministry of Oceans and Fisheries reveals that only 8% of the total shipment volume of fishery products in South Korea can be traced from production to processing and sales. Despite the implementation of a seafood traceability system since 2008, aimed at enhancing consumer confidence, the number of participating companies has seen a decrease, and only 45 items account for the majority of the traceable volume. The system, which is mandatory for imported aquatic products, particularly Japanese seafood, has been criticized for not sufficiently increasing transparency and trust in seafood products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fishery products that can be traced from production to processing and sales accounted for only 8% of the total shipment volume. According to the “Status of Participation in the Fishery Product History System,” submitted by the Fisheries Law Assembly member (and the Democratic Party) from the Ministry of Oceans and Fisheries, as of the end of last year, 45 items including cutlassfish, mackerel, anchovy, squid, and squid had participated, resulting in a total volume of 6099 tons. It was only 8% of the 79,159 tons of shipments based on the history system. The seafood traceability system, introduced in 2008 to enhance consumer confidence in aquatic products, is being implemented autonomously for domestic and far-farm products based on the 'Seafood Distribution Act'. The share fell from 11% to 8%. The number of participating companies increased from 3229 in 2014 to 7066 in 2016, but decreased to 6917 in 2017 and only 6081 companies participated last year. In the case of imported ...
Source: Fisheco

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.