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South Korea's Frozen Mackerel Imports Increased in Volume And Value in January

Feb 24, 2025

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In January 2025, South Korea imported 12,082 tons of frozen mackerel, an increase of 25% from 9,693 tons in the same period in 2024. This import volume accounted for 16% of South Korea's total seafood imports of 75,350 tons.

 

Norway is the main supplier of frozen mackerel imported to South Korea, accounting for 96%, or 11,610 tons, China accounts for 4%, or 449 tons, and the Netherlands accounts for less than 1%, or 23 tons.

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The average import price of Norwegian mackerel is US$2.74 per kilogram, and the average import price of Chinese mackerel is US$1.98 per kilogram.

 

South Korea's frozen mackerel imports in January were US$32.67 million, an increase of 53% year-on-year from US$21.3 million in the same period in 2024, and the average import price increased by 23%, from US$2.2 to US$2.7.

 

Summary: South Korea's frozen mackerel imports have been increasing in January, and the import volume from Norway is relatively large, but the price is relatively high. All things considered, prices in China are lower than those in Norway, so you can import more from China.

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