South Korea: Decrease in chicken imports last year

Published 2022년 1월 28일

Tridge summary

In December, South Korea's imports of frozen chicken saw a 3.5% decrease from the previous year, totaling 11,293 tons, with a notable 12.6% increase from the month before. The majority of these imports were from Brazil, followed by Thailand and the United States. The decrease in imports is attributed to a surge in Chinese consumption of Brazilian chicken, leading to a 10% increase in the unit price of imported Brazilian chicken. Industry forecasts predict a continued decrease in chicken imports into the first half of this year due to COVID-19-related transportation issues.

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

Original content

According to the Ministry of Food and Drug Safety, the number of frozen chicken imported in December last year (based on quarantine) was 11,293 tons, down 3.5% from the same month of the previous year (11,979 tons), and compared to the previous month (1225 tons). It increased by 12.6%. By country, 10,488 tons of Brazil, 500 tons of Thailand, 305 tons of the United States were imported, and 10,904 tons of legs, 342 tons of wings, and 47 tons of chest were imported. Industry experts analyzed that domestic imports declined as Chinese consumption of Brazilian chickens, which accounted for most of imported chickens, increased significantly. The unit price of imported Brazilian chicken currently consumed in the market rose by 10% compared ...

Source: Chuksannews