South Korea's small octopus imports up 10% by October 2024

Published 2024년 11월 18일

Tridge summary

October imports of frozen small octopus saw a decrease of 14% in volume and 20% in value compared to the previous year, with a total import value of US$140.72 million, a 4% increase from the previous year. Vietnam was the largest supplier, contributing 81% of the total imports. The average import price was US$6.23/kg, a 5% decrease from the previous year. Thailand had the highest import price at US$7.23/kg, while Indonesia had the lowest at US$4.50/kg.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

However, frozen small octopus imports in October totaled 2,370 tonnes, down 14% from the 2,770 tonnes imported in October 2023. The monthly import value also declined, reaching US$14.51 million, down 20% from the US$18.22 million recorded in October last year. However, the total import value increased to US$140.72 million, up 4% from US$135.43 million in the previous year. Vietnam supplied the largest volume at 18,305 tonnes, accounting for 81% of the total imports, followed by Thailand with 3,127 tonnes, Indonesia with 694 tonnes and China with 367 tonnes. Thailand recorded the highest import price of US$7.23/kg, while Vietnam set US$6.13/kg and Indonesia the lowest at US$4.50/kg. This year, the average import price of frozen ...

Source: Fishretail