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Hydrobiological ready to eat products with potential in South Korea

South Korea
Published Nov 30, 2021

Tridge summary

Fish consumption in that country increased by 91% in 2020 compared to 2019, while seafood increased by 173%. Prawns were also in higher demand, growing 206%. Although 72% of the demand for sea resources is supplied by its local production, there are opportunities for species such as squid (squid) and shrimp, as this Asian destination is self-sufficient in these foods only in 29% and 21%, respectively.

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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