South Korea: Oyster exports expected to decline from the second half of this year
Fresh Oyster
South Korea
Published Jun 8, 2022
Tridge summary
Oyster exports from the second half of this year are expected to decrease from the second half of this year, as production of oyster products for processing is not smooth due to sluggish production of oysters in 2022. According to data from the Korea Maritime and Fisheries Development Institute (KMI) Fisheries Observation Center, the cumulative production of oysters until April of this year was 28,000 tons, about 6% less than last year. This is because there was a shortage of manpower to peel oysters due to the Corona 19 incident, and the effect of mortality in Gyeongnam at the beginning of the year continued until the end of the year. Exports of oysters from January to April amounted to 4,822 tons, which was 10% more than the cumulative total of last year. In particular, in the case of canned food, which accounts for the largest proportion of exports, it increased by 70% compared to last year. It is believed that the reason for the increase in exports is that there was a lot of demand for processed products in the United States and other countries due to the Corona 19 crisis, and the volume of shipments increased as the shipping logistics problem that had continued internationally since the second half of last year was somewhat resolved this year. However, due to the sluggish production of oysters from 2022, it is difficult to secure raw oysters, so production of oyster products for processing is not smooth.
Original content
Oyster exports from the second half of this year are expected to decrease from the second half of this year, as production of oyster products for processing is not smooth due to sluggish production of oysters in 2022. According to data from the Korea Maritime and Fisheries Development Institute (KMI) Fisheries Observation Center, the cumulative production of oysters until April of this year was 28,000 tons, about 6% less than last year. This is because there was a shortage of manpower to peel oysters due to the Corona 19 incident, and the effect of mortality in Gyeongnam at the beginning of the year continued until the end of the year. Exports of oysters from January to April amounted to 4,822 tons, which was 10% more than the cumulative total of last year. In particular, in the case of canned food, which accounts for the largest proportion of exports, it increased by 70% compared to last year. The reason for the increase in exports is believed to be that there was a lot of demand ...
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