Republic of Korea: Frozen Fish Liver Market 2020

Frozen Fish Liver Market Size in Republic of Korea

The revenue of the frozen fish liver market in South Korea amounted to $X in 2017, coming down by -X% against the previous year. In general, frozen fish liver consumption continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Over the period under review, the frozen fish liver market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Liver Production in Republic of Korea

Frozen fish liver production in South Korea amounted to X kg in 2017, flattening at the previous year. Overall, frozen fish liver production continues to indicate a relatively flat trend pattern.

Frozen Fish Liver Exports from Republic of Korea

Frozen fish liver exports from South Korea amounted to X tons in 2017, falling by -X% against the previous year. Overall, frozen fish liver exports continue to indicate a significant reduction. The most prominent rate of growth was recorded in 2014, when exports increased by X% year-to-year. In that year, the frozen fish liver exports attained their peak volume of X tons. From 2015 to 2017, growth of the frozen fish liver exports stood at a somewhat lower level.

In value terms, frozen fish liver exports amounted to $X in 2017. In general, frozen fish liver exports continue to indicate an abrupt deduction. Over the period under review, the frozen fish liver exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Liver Exports by Country from Republic of Korea

In 2017, Russia (X tons), distantly followed by Iceland (X tons), the U.S. (X tons) and China (X tons) were the main exporters of frozen fish livers and roes, together comprising X% of total exports. Norway (X tons), New Zealand (X tons), South Korea (X tons) and Canada (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Iceland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Iceland ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Iceland (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Frozen Fish Liver Export Prices by Country in Republic of Korea

The frozen fish liver export price in South Korea stood at $X per ton in 2017, waning by -X% against the previous year. In general, frozen fish liver export price continues to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% y-o-y. South Korea export price peaked of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Canada ($X per kg), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Frozen Fish Liver Imports into Republic of Korea

Frozen fish liver imports into South Korea amounted to X tons in 2017, remaining constant against the previous year. Overall, frozen fish liver imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% y-o-y. In that year, the frozen fish liver imports reached their peak volume of X tons. From 2016 to 2017, growth of the frozen fish liver imports stood at a somewhat lower level.

In value terms, frozen fish liver imports amounted to $X in 2017. Overall, frozen fish liver imports continue to indicate a deep contraction. Over the period under review, the frozen fish liver imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Frozen Fish Liver Imports by Country into Republic of Korea

Japan represented the main importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by South Korea (X tons), Lithuania (X tons) and China (X tons), together making up X% share of total imports. Vietnam (X tons), Russia (X tons), Spain (X tons), Taiwan, Chinese (X tons), Denmark (X tons) and New Zealand (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by New Zealand (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X) constitutes the largest market for imported frozen fish livers and roes into South Korea, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, with a X% share.

In Japan, frozen fish liver imports plunged by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and China (-X% per year).

Frozen Fish Liver Import Prices by Country in Republic of Korea

In 2017, the frozen fish liver import price in South Korea amounted to $X per ton, reducing by -X% against the previous year. Overall, frozen fish liver import price continues to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2016, when the import prices increased by X% against the previous year. Over the period under review, the import prices for frozen fish livers and roes reached its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Spain (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform