Growth of frozen pollock milt imports from Russia to South Korea in September 2024

Published Oct 31, 2024

Tridge summary

In September 2024, there was a 90% increase in imports of frozen pollock milt, reaching a value of $330,000, despite a 40% decrease in total seafood imports compared to the previous year. The majority of the imports, 95%, were from Russia at a price of $2.31 per kilogram, with the rest coming from the US at $2.29 per kilogram. The average import price for the year decreased by 38% from $3.69 per kilogram in 2023 to $2.31 per kilogram in 2024.

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

Original content

Frozen pollock milt accounts for only 1.5% of the total seafood import volume, which amounted to 651,137 tons for the year. The bulk of the import volume came from Russia, which provided 9,081 tons (95%), while the remaining 456 tons were imported from the United States. The import price of Russian raw materials in September was US$2.31 per kilogram, while similar products from the United States were valued at US$2.29 per kilogram. The total value of frozen pollock milt imports in September 2024 was US$330,000, an increase of 90% compared to US$170,000 in September last year. However, the total import value for 2024 reached $21.98 million, a decrease of 40% from $36.81 million in 2023. At the same time, the average import price decreased by 38% from $3.69 per kilogram last year to $2.31 per kilogram this ...

Source: Fishretail