IN BRIEF - South Korea's Wholesale Distribution Price of Frozen Mackerel and Market Share by Origin (Norway, UK, Netherlands, China...)
SOUTH KOREA
Wednesday, March 19, 2025
As of February 2025, South Korea's total imported volume of frozen mackerel reached 20,057 tons, a 52.5% increase compared to the 13,149 tons imported in February 2024.
The domestic wholesale price remains stable, with the following approximate price levels:
The average import price of frozen mackerel up to February 2025 was $2.69 USD per kg.
Among the total imports, Norwegian mackerel accounted for 91% (18,614 tons), with an average import price of $2.74 USD per kg. Chinese mackerel represented 5.3% (1,050 tons) at $2.00 USD per kg, and 375 tons were imported from the UK.
As of the 4th week of March 2025, the wholesale price of Norwegian frozen mackerel is:
300/500g size: 99,000 KRW (approximately $73 USD), down 0.5% from 99,500 KRW (approximately $73.40 USD) in February 2025.
400/600g size: 101,000 KRW (approximately $74.50 USD), up 1.51% from 99,500 KRW (approximately $73.40 USD) in February 2025.
Moving forward, Norwegian mackerel prices are expected to remain around 100,000 KRW (approximately $73.80 USD) per box.
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Chile’s Constitutional Court has struck down a measure that would have made it easier for salmon farmers to move existing aquaculture concessions, dealing a setback to efforts to loosen regulatory constraints on the sector.
The court said in a communiqué dated August 13 that it had declared unconstitutional provisions creating so-called “micro-relocations” and exempting them from Chile’s Environmental Impact Assessment System.
The measure would have covered movements of up to 350 metres from the original concession area.
Source: SalmonBusiness | Read the full article here
It was the fifth consecutive week of price increases last week, and the second-highest export tonnage ever
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The average spot price so far this year is NOK 77.41 NOK/kg, compared to NOK 78.34 for the same period last year.
Author: Pål Mugaas Jensen / fishfarmingexpert | Read the full article here
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The AIR Centre has published a new technical document analyzing diversification in aquaculture—"an issue that is becoming increasingly strategic for Atlantic aquaculture," the Centre notes. Titled *Fostering Aquaculture: New Species vs. Established Species*, the article draws on discussions held during the Atlantic Aquaculture Forum (AAF25) in Terceira, Azores, in November 2025.
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Source: iPac.acuicultura | Read the full article here
The aquaculture feed giant BioMar and Multi X, the large Chile salmon production company have launched a joint project to explore how regenerative agriculture can help make salmon production feed solutions more sustainable.
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Author: Vince McDonagh / Fish Farmer | Read the full article here