South Korea's imports of frozen cod fell by half in the first 10 months of this year

Published 2024년 12월 3일

Tridge summary

South Korea's imports of frozen cod have decreased significantly, with a 41% drop in October compared to the same period last year, totaling 504 tons. The cumulative imports from January to October were down 50%, reaching 5,250 tons. Russia was the main supplier, accounting for 96% of the total imports, with the price per kilogram being $3.06. The import value in October was $1.13 million, marking a 52% decrease from the previous year, and the cumulative import value from January to October was $15.94 million, a 59% decrease from 2023.

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

Original content

South Korea imported 504 tons of frozen cod in October, down 41% from 848 tons in the same period last year. Cumulative imports from January to October were 5,250 tons, down 50% from 10,569 tons in the same period of 2023. Frozen cod accounted for only 0.72% of the total seafood imports of 732,192 tons. Most frozen cod imports came from Russia, accounting for 96% of the total, or 5,029 tons, while the rest came from the United States (125 tons), Canada (75 tons) and China (20 tons). By country, Russian cod The import price of fish was $3.06 per kilogram, the import price of American cod was $2.73, the import price of Chinese cod was $2.60, and the import price of Canadian cod was $1.88. South Korea's imports of frozen cod in October were $1.13 ...

Source: Foodmate