South Korea significantly increased imports of fresh salmon fillets from Norway

Published Apr 10, 2023

Tridge summary

The first quarter of 2023 saw a decrease in the import of frozen mackerel and fresh salmon by 30% and 45% respectively, compared to the same period in the previous year. However, there was a significant increase in the import of processed frozen mackerel fillets and fresh salmon fillets by 5.3% and 216% respectively. The total number of imported fish products also increased to 29 types in Q1 2023, up from 19 in 2022. The average price per unit of frozen mackerel and fresh salmon fillets decreased by 11% and 63% respectively, while the price of fresh salmon increased by 73% compared to the previous year. The total value of imported fish products from Norway in Q1 2023 was USD 246.89 million, a 34% increase from 2022, with an average import unit price of USD 8.92/kg.

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

Original content

As for frozen mackerel, 15,152 tons were received in January - March, which is 30% less than 21,816 tons in the same period last year, and 4,820 tons of fresh salmon were received, which is 45% less than 8,770 tons in 2022 year. However, processed frozen mackerel fillets amount to 1215 tons (5.3% increase) and fresh salmon fillets 4992 tons (216% increase). In the first quarter of 2023, a total of 29 types of products were imported (19 types in 2022). Imports by main types of fish: 15,152 tons of frozen mackerel, 4,992 tons of fresh salmon fillets, 4,820 tons of fresh salmon, 1,215 tons of frozen mackerel fillets and 135 tons of frozen capelin caviar. The average price per unit of frozen mackerel was $2.19/kg, down 11% from $2.47/kg in the same period last year. Fresh salmon fillets cost $5.90/kg, down 63% from $16.02/kg in the same period last year. Fresh salmon cost $16.49/kg, up 73% from $9.52/kg in the ...

Source: Fishretail