Hydrobiological ready to eat products with potential in South Korea

Published 2021년 11월 29일

Tridge summary

South Korea, with a population of over 50 million and a GDP per capita of around US $ 33 thousand, presents a significant market for Peruvian hydrobiological species. The country's main port, Busan, is among the top 10 in the world and regularly receives vessels from 10 shipping companies. Korean consumers have adopted the Home Meal Replacement trend, preferring precooked, prepared, and preserved foods, particularly marine products like shrimp and anchovy. Despite being self-sufficient in these foods, there are opportunities for squid and shrimp. The Free Trade Agreement between Peru and South Korea, which came into effect in 2011, offers further opportunities for Peruvian exporters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Agraria.pe) With a population of more than 50 million inhabitants and a Gross Domestic Product (GDP) per capita of around US $ 33 thousand per year, South Korea appears as an important market for Peruvian shipments of species hydrobiological, as stated by the director of the Commercial Office of Peru (OCEX) in Seoul, Erick García Gonzalez, in the 'Fisheries and Aquaculture Conversation', organized by the Association of Exporters (ADEX). It added that its main port, Busan, is among the top 10 in the world and regularly receives vessels from 10 shipping companies. It has 8 air routes, around 35,000 convenience stores, more than 4,000 supermarkets, 2,000 stores with healthy and organic products, and a significant number of warehouses. "It is characterized by its high connectivity at a commercial level and an extensive variety of channels and points of sale," he said. He specified that, as of 2020, with restrictions on entering restaurants due to the pandemic, Korean consumers ...
Source: Agraria

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