Need to stabilize supply and demand by improving the distribution structure of abalone in South Korea

Fresh Abalone

South Korea

Published May 3, 2022

Tridge summary

Supply and demand stabilization through improvement of abalone distribution structure. Production fish suffer from falling prices due to flood shipments in spring. Government purchases and supplies to the market in autumn, when raw materials are scarce. Gom skin farming is needed to cope with the shortage of food. According to the government’s fishery production statistics data at the end of 2021, in terms of production in the case of domestic shallow sea aquaculture, abalone ranked first in the country with 694.339 billion won, second place was flounder with 662.171 billion won, and third place was seaweed with 474.956 billion won. was counted as Abalone is a highly value-added and competitive aquatic product, occupying the first place in domestic immovable production and maintaining the second place in the world after China. Production statistics are based on the amount of production shipped through aquaculture among the abalone industry. If seeds, distribution, processing, export, equipment, and aquaculture facilities are included, the abalone industry has grown into a large industry of more than 2 trillion won.

Original content

Need to stabilize supply and demand by improving the distribution structure of abalone Produced fish suffer from price drop due to flooding in spring The government buys it and supplies it to the market in the fall when raw materials are scarce Bear skin culture needed to cope with food shortages Development of home-cooked meals using abalone, efforts should be made to develop export markets According to the government’s fishery production statistics data at the end of 2021, in terms of production in the case of domestic shallow sea aquaculture, abalone ranked first with 694.339 billion won, second with 662.171 billion won, and third with 474.956 billion won. was counted Abalone is a highly value-added and competitive aquatic product, occupying the first place in domestic immovable production and maintaining the second place in the world after China. Production statistics are based on the amount of production shipped through aquaculture among the abalone industry. If seeds, ...

Source: Fisheco