The trust business at Noryangjin Fisheries Market, the best in 11 years.

Published 2025년 12월 15일

Tridge summary

This year, due to high water temperatures, jellyfish swarms, and red tides, domestic fishery conditions have not been favorable, but Suhyup Noryangjin Fisheries Co., Ltd. (CEO Im Chae-young) is expected to achieve a transaction record of 358 billion KRW (estimated) in 2025 based on its strengthened entrusted business foundation. This is the highest level since 2014. The Noryangjin Fisheries Market entrusted business, after a period of stagnation following the conflict over the new market relocation in 2016 and during the COVID-19 period, is showing signs of an expanding market transaction base again. The biggest change is the revitalization of the workforce as young middlemen are newly entering the market. The Sales Division has 21 new middlemen this year.

Original content

Despite the challenging conditions in the domestic fishery industry this year due to high water temperatures, jellyfish blooms, and red tides, Noryangjin Fisheries Cooperative (represented by CEO Im Chae-young) is expected to achieve a transaction record of 358 billion won (estimated) in 2025, the highest level since 2014. The Noryangjin Fisheries Market trust business has shown signs of recovery after a period of stagnation following the relocation to the new market in 2016 and the COVID-19 period, with the market's transaction foundation expanding again. The biggest change is the revitalization of the workforce as new young wholesalers are introduced, bringing new energy to the labor force. This year, the Sales Division selected 21 new wholesalers, reorganizing the workforce structure that had been stagnant since 2019. With these new additions starting to work in February, the number of wholesalers increased to 173, and the recovery of item-specific expertise and competitiveness ...
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.