News

South Korea's imports of frozen cod fell 13% in the first quarter of this year

Frozen Conch
Russia
Market & Price Trends
Published Apr 18, 2024

Tridge summary

South Korea experienced a notable decline in its frozen cod imports, with a 20% decrease in value to 43.92 million US dollars and a 7% drop in the average import price to 0.96 US dollars per kilogram compared to the previous year. The bulk of these imports originated from Russia, contributing 44,925 tons, while the combined imports from the United States and China were much lower at 817 tons. The import price of frozen cod varied by source country, with Russia and the US offering more competitive prices than China.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The import value of frozen cod was 43.92 million US dollars, a year-on-year decrease of 20%. The average import price of frozen cod was 0.96 US dollars per kilogram, a year-on-year decrease of 7% compared with 1.03 US dollars in the same period of 2023. The price of frozen cod from Russia was 0.96 US dollars per kilogram, the price of frozen cod from the United States was 1.02 US dollars, and the price of frozen cod from China was 1.71 US dollars. Most of the frozen cod imported by ...
Source: Foodmate
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