IN BRIEF - Frozen Cod Imports Down 64% by June 2024
SOUTH KOREA
Wednesday, July 17, 2024
In June 2024, the import volume of frozen cod to South Korea was 667 tons, a 61% decrease compared to 1,722 tons in the same period last year. The cumulative import volume for this year reached 2,731 tons, a 64% drop from the 7,549 tons recorded in the same period last year.
This represents 0.61% of the total seafood import volume of 445,418 tons.
Looking at the import sources, 94% of the frozen cod imported by June came from Russia, totaling 2,576 tons. The United States supplied 122 tons, China 20 tons, and Canada 13 tons.
The import prices by country were USD 3.33/kg from Russia, USD 2.76/kg from the United States, and USD 2.60/kg from China, with China offering the lowest price.
In June, the import value of frozen cod was USD 2.45 million, a 54% decrease from USD 5.29 million in the same period last year. The cumulative import value was USD 8.96 million, a 71% drop from USD 30.53 million recorded in the same period last year. The average import price was USD 3.28/kg, a 19% decrease from USD 4.04/kg in the same period last year. This reflects the overall decline in import volume and the downward trend in prices.
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Market ranks among South Korea’s top three for transparent seafood distribution
Suhyup Gwangju Market was selected among the top three markets nationwide in the 2026 Seafood Origin Labeling Contest, organized by the National Fishery Products Quality Management Service. It will receive an official award and KRW 5 million in vouchers for strengthening origin controls and consumer trust.
KKP says safeguarding fishers' rights and welfare is essential to responsible and sustainable fisheries.
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DiamondFish has built a high-tech RAS facility for a species unfamiliar to most European consumers, in one of the continent’s least fish-eating regions.
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Author; Emma Barbier / The Fish Site | Read the full article here
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Lower fish mortality and stronger performance boost profitability
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Situation of Pacific Salmon Fishing in North America and Japan United States
The technical report covers the status of salmonid catches in North America and Japan as of September 15, 2026
In North America, cumulative volume in the northwestern part of the continent totaled 87...
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This represents 0.61% of the total seafood import volume of 445,418 tons.(2).png)
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Market ranks among South Korea’s top three for transparent seafood distribution
INDONESIA
RUSSIAN FEDERATION
China remains the leading destination as Moscow seeks more value-added exports
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CZECH REPUBLIC
DiamondFish has built a high-tech RAS facility for a species unfamiliar to most European consumers, in one of the continent’s least fish-eating regions.
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ASC and SFP are leading the Aquaculture Action Alliance as it shifts from measurement to action
LITHUANIA
MB Pilnas šaukštas becomes the first Lithuanian company to achieve Friend of the Sea certification for an omega-3 product, reinforcing its commitment to responsible sourcing and traceability.
NEW ZEALAND
Lower fish mortality and stronger performance boost profitability
