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.

For reference, the domestic wholesale distribution price of frozen cod from Russia, based on an 18.5 kg, L-size unit, is set at 85,000 KRW.