IN BRIEF - Frozen Cod Imports Drop by Half Compared to Last Year
SOUTH KOREA
Monday, November 25, 2024
The volume of frozen cod imports to South Korea in 2024 has more than halved compared to the previous year.
South Korea imported 504 tons of frozen cod in October, a 41% decrease from the 848 tons imported during the same period last year. Cumulative imports from January to October totaled 5,250 tons, down 50% from 10,569 tons in the same period in 2023. Frozen cod accounted for just 0.72% of the total seafood imports of 732,192 tons.
Most frozen cod imports came from Russia, which supplied 96% of the total volume, or 5,029 tons. The remaining imports were sourced from the United States (125 tons), Canada (75 tons), and China (20 tons). By country, import prices were USD 3.06/kg for Russian cod, USD 2.73/kg for U.S. cod, USD 2.60/kg for Chinese cod, and USD 1.88/kg for Canadian cod, with Canadian cod being the cheapest.
In monetary terms, frozen cod imports in October amounted to USD 1.13 million, a 52% decrease from USD 2.35 million in the same period last year. Year-to-date import value stood at USD 15.94 million, down 59% from USD 39.14 million in 2023. The average import price per kilogram was USD 3.04, an 18% decline from USD 3.70 in the same period last year.
For reference, the domestic wholesale price of frozen cod (Russian origin, 18.5kg, size L) is trading at approximately KRW 88,000 (USD 62.82).
Europêche is calling for Common Fisheries Policy reform, stronger international negotiations and practical measures to support struggling European fishing fleets
Europêche has called on the European Commission to include a targeted revision of the Common Fisheries Policy (CFP) in its 2027 Work Programme, expressing disappointment with the EU’s Vision for Fisheries 2040.Following a meeting with the Commissioner for Fisheries and Oceans Costas Kadis, the fishing industry association welcomed plans for practical measures in 2027–2028 but stressed that implementation must accompany legislative reform.
Representatives of SalmonChile carried out an institutional and commercial agenda in São Paulo that included meetings with supermarkets, the food service sector, importers, and government authorities, as well as participation in the Seafood Show Latin America 2026. A key topic of discussion was the tax treatment that will apply to salmon in Brazil.
Strengthening the presence of Chilean salmon in Brazil and advocating for conditions that maintain its competitiveness and accessibility for consumers were among the primary objectives of the agenda pursued this week in São Paulo by representatives of the national salmon farming industry.
Source: MundoAcuicola | Read the full article here
First time at China aquaculture event for Loch Duart Salmon as it prepares for Seafood Expo in Qingdao
Loch Duart Salmon will be part of the 2026 China Fisheries & Seafood Expo, the first time the heritage breed Scottish salmon producer has exhibited in the country. Taking place in Qingdao, the largest city in China’s Shandong Province, the Expo hosts over 45,000 visitors from 136 countries. Expo visitors can find Loch Duart Salmon in Hall B9 at stand 0418.
Trusted by leading chefs worldwide, Loch Duart is celebrated for its exceptional quality, consistency and versatility, from premium sushi and sashimi to innovative restaurant dishes.
OPAGAC will bring together the tuna industry on November 4, 2026.
At Palacio de Neptuno, experts, scientists and industry leaders will discuss European fleet competitiveness, regulations, trade agreements, environmental and social sustainability, generational renewal and food sovereignty, addressing key challenges facing the tuna sector.
Cooperative banks to expand financing for India's fishing sector.
Maharashtra is easing fisheries credit after granting the sector agricultural status. NABARD has earmarked Rs 1,000 crore, while the state aims to grow fisheries business from Rs 1,240 crore to Rs 5,000 crore by 2029, promoting low-interest loans.
The integration aims to boost efficiency and strengthen its nursing-care food business.
Umios will merge Yayoi Sunfoods and Umios Sun Gourmet on April 1, 2027.
The new Umios Yayoi will streamline frozen food production for hospitals and care facilities, reinforcing the group's leading position in Japan's soft-food market.
Jaffna fishing groups oppose proposed fisheries legislation.
Fishermen in Jaffna demand action against illegal Indian trawlers and withdrawal of the proposed Fisheries Bill, fearing corporate control of marine resources.They also seek subsidized fuel, affordable fishing gear and stronger protection of local livelihoods.
In eastern Uganda, a family-run fish farm is looking beyond production, with ambitions to become a place where the next generation of aquaculture farmers can learn and grow.
Located in Namasere, Bugiri District, along the Jinja-Busia Road in eastern Uganda, Kange Integrated Fish Farm (Kaiffa Uganda) was founded by Kange Samuel, who had a vision of promoting sustainable aquaculture and supporting local communities.
His son, Iwumba Peter, later took the helm, and is now the farm’s managing director.The farm has 12 ponds across approximately 10 acres of land.
Author: Peter Changtoek / The Fish Site | Read the full article here
The Pacific herring (Clupea pallasii) fishery in the Russian Far East reached outstanding milestones over the past week, following an increase of 12,400 metric tons.
With this surge, cumulative landings for the year to date reached 588,700 metric tons, exceeding the volume recorded during the same period in 2025 by 153,000 metric tons. In addition, the Russian fishing fleet processed over 478,400 metric tons of this resource on board using its own raw material.
This commercial upswing aligns with evaluations from the scientific community. Experts from the Sakhalin branch of the Russian Federal Research Institute of Fisheries and Oceanography (VNIRO) point out that, over the past decade, Sakhalin-Hokkaido herring stocks have shown a steady growth trend off the southern coast of Sakhalin and the South Kuril Islands.
If current harvest intensity continues, the biomass available in the East Sakhalin subzone could conclude the cycle by setting a new landings record for the 21st century.
SOUTH KOREA
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BELGIUM
BRAZIL
Representatives of 
CHINA
First time at China aquaculture event for
SPAIN
OPAGAC
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Deal includes pelagic fishing licenses and fishing rights.
INDIA
JAPAN
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Jaffna fishing groups oppose proposed fisheries legislation.
UGANDA
In eastern Uganda, a family-run fish farm is looking beyond production, with ambitions to become a place where the next generation of aquaculture farmers can learn and grow.
RUSSIAN FEDERATION
