Wholesale Prices of Frozen Pollack by Size in Week 32 of 2024
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In Week 32 of 2024, the wholesale prices for frozen pollack in South Korea continue to show slight declines
for sizes 6, 7, and 8, while the price for size 9 remains steady.
By the end of July 2024, South Korea imported 76,593 tons of frozen pollack, marking a 10% decrease from
the 84,884 tons imported in 2023. Frozen pollack is a significant fish species, accounting for 15% of the total seafood
imports in South Korea. The import value for frozen pollack stood at USD 74,179, a 19% decline from USD 91,571 during
the same period in 2023. The average import price of frozen pollack by June 2024 was USD 0.97 per kilogram,
a 10.2% decrease from USD 1.08 per kilogram in 2023. The country-specific prices were USD 0.96 per kilogram from Russia,
USD 1.25 per kilogram from the United States, and USD 1.63 per kilogram from China.
The vast majority of imports, 98.2% (75,201 tons), came from Russia, followed by 1.7% (1,288 tons) from the United States
and 0.1% (103 tons) from China.
Specifically, the wholesale price for size 7 frozen pollack is around KRW 40,500, which is a 6.89% decrease
from the June 2024 price of KRW 43,500 and a 1.21% decrease from the April 2024 price of KRW 41,000.
For size 8, the wholesale price is around KRW 30,500, reflecting a 10.29% drop from the June 2024 price of KRW 34,000
and a 4.68% decrease from the April 2024 price of KRW 32,000.
“ source of data : Union Forsea Corp. http://www.fishone.com ”
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