|
Photo: Union Forsea Corp.
Mixed Trends in Frozen Pollock Wholesale Prices by Size - Week 49 Update
(SOUTH KOREA, 12/9/2024)
As of December 5, 2024, wholesale prices for frozen pollock displayed varied trends by size. Prices for sizes 6 and 8 experienced slight increases, while sizes 7 and 9 remained unchanged.
Import Trends Through November 2024
Korea imported 133,015 tons of frozen pollock by the end of November 2024, marking a 2% rise from 129,897 tons during the same period in 2023. Despite this growth in volume, the total import value fell by 5%, amounting to USD 130.44 million compared to USD 137.99 million in 2023. The average import price dropped to USD 0.98 per kilogram, an 8% decline from USD 1.06 per kilogram in 2023.
Click on the image to enlarge
By Origin:
- Russia: USD 0.98/kg (accounting for 98.89% of total imports, or 131,539 tons)
- United States: USD 1.27/kg (1.01%, or 1,348 tons)
- China: USD 1.61/kg (0.1%, or 127 tons)
Wholesale Prices and Notable Changes
Click on the image to enlarge
In the domestic market, prices varied across sizes:
- Size 7: KRW 37,500 (unchanged)
- Size 8: KRW 31,000, reflecting an 8.8% increase from KRW 28,500 in September 2024 and a 5.1% rise from KRW 29,500 in November 2024.
These mixed price trends highlight shifting dynamics in the frozen pollock market as demand and supply factors interact both domestically and internationally.
.png)
Source: Union Forsea Corp.
Information of the company:
|
Address:
|
Floor 5. Myungbo B/D, 216 Gudeok-ro, Seo-gu,
|
|
City:
|
Busan
|
|
State/ZIP:
|
(49223)
|
|
Country:
|
South Korea
|
|
Phone:
|
+82 51-242-5300
|
|
Fax:
|
+82 51-242-5321
|
|
E-Mail:
|
[email protected]
|
More about: 
|
|
|
|
.png)
.png)
Print
