Price for Fish; Live, Eels (Anguilla Spp.) in South Korea - 2022

Contents:

  1. Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (CIF) - 2022
  2. Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (FOB) - 2022
  3. Imports of Fish; Live, Eels (Anguilla Spp.) in South Korea
  4. Exports of Fish; Live, Eels (Anguilla Spp.) in South Korea

Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (CIF) - 2022

In December 2022, the average import price for fish; live, eels (anguilla spp.)s amounted to $11,683 per ton, declining by -3.1% against the previous month. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 467% against the previous month. Over the period under review, average import prices attained the maximum at $207K per ton in March 2022; however, from April 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Morocco ($14,698 per ton), while the price for China totaled $11,578 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Morocco (-0.0%).

Price for Fish; Live, Eels (Anguilla Spp.) in South Korea (FOB) - 2022

The average export price for fish; live, eels (anguilla spp.)s stood at $24,961 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $25,208 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($33,269 per ton), while the average price for exports to Hong Kong SAR ($21,365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Live, Eels (Anguilla Spp.) in South Korea

Fish; live, eels (anguilla spp.) imports into South Korea soared to 10K tons in 2022, jumping by 297% against the year before. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fish; live, eels (anguilla spp.) imports skyrocketed to $169M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish; Live, Eels (Anguilla Spp.) in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR18.944.916.711281.0%
China3.215.015.335.0122.0%
Taiwan (Chinese)0.90.48.317.4168.4%
Morocco1.21.31.42.018.6%
Others3.01.71.82.9-1.1%
Total27.363.343.416983.6%

Top Suppliers of Fish; Live, Eels (Anguilla Spp.) to South Korea in 2022:

  1. Hong Kong SAR (6.2K tons)
  2. China (2.7K tons)
  3. Taiwan (Chinese) (1.3K tons)
  4. Morocco (0.1K tons)

Exports of Fish; Live, Eels (Anguilla Spp.) in South Korea

After two years of decline, shipments abroad of fish; live, eels (anguilla spp.)s increased by 34% to 4.1 tons in 2022. Overall, exports, however, saw a sharp decline.

In value terms, fish; live, eels (anguilla spp.) exports surged to $103K in 2022. Over the period under review, exports, however, showed a deep reduction.

Export of Fish; Live, Eels (Anguilla Spp.) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR15277.841.758.1-27.4%
United States13.031.427.434.538.4%
Japan22.216.34.17.1-31.6%
Malaysia5.43.01.72.6-21.6%
Taiwan (Chinese)3.71.40.50.5-48.7%
Others0.30.20.20.1-30.7%
Total19713075.5103-19.4%

Top Export Markets for Fish; Live, Eels (Anguilla Spp.) from South Korea in 2022:

  1. Hong Kong SAR (2718.0 kg)
  2. United States (1084.0 kg)
  3. Japan (212.0 kg)
  4. Malaysia (79.0 kg)
  5. Taiwan (Chinese) (22.0 kg)

Source: IndexBox Market Intelligence Platform

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