Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Korea - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Korea (CIF) - 2022
  2. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Korea

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Korea (CIF) - 2022

In 2022, the average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $5,553 per ton, waning by -3.8% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 58% against the previous year. The import price peaked at $9,852 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.1% per year.

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Korea

Imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s into South Korea soared to 57 tons in 2022, rising by 42% compared with the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 14,507% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s surged to $316K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 17,085%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.31.3231316290.7%
Others0.1N/AN/AN/A0%
Total5.41.3231316288.2%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to South Korea in 2022:

  1. United States (56.9 tons)

Source: IndexBox Market Intelligence Platform

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