What is the price of cuttlefish & squid per kilogram/pound in South Korea today?
The retail price range for South Korea cuttlefish & squid is between US$ 8.33 and US$ 10.29 per kilogram or between US$ 3.78 and US$ 4.66 per pound(lb). Click here to see today's exact prices of cuttlefish & squid in South Korea
The retail price range in South Korean won for cuttlefish & squid is between KRW 11,102.13 and KRW 13,714.40 per kilogram or between KRW 5,034.98 and KRW 6,219.68 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea cuttlefish & squid is between US$ 5.83 and US$ 7.20 per kilogram or between US$ 2.64 and US$ 3.27 per pound(lb).
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South Korea Cuttlefish & Squid Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cuttlefish & Squid from South Korea has seen a steady increase over the last five years. In 2017, the price was $3.17, and in 2021 it was $3.03. The highest price was in 2020, when it reached $3.89. The most recent price in 2022 was $2.82. Looking ahead, we can predict that the export price per kilogram of Cuttlefish & Squid from South Korea will be $2.99 in 2023 and $3.06 in 2024.South Korea Cuttlefish & Squid Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlefish & Squid into South Korea has seen a steady increase over the last five years. In 2016, the price was 2.30 US dollars per kilogram, and by 2021, it had risen to 3.03 US dollars per kilogram. The highest price was recorded in 2020, when it was 3.89 US dollars per kilogram. This was followed by a slight decrease in 2021, to 3.03 US dollars per kilogram. The current price is 2.82 US dollars per kilogram. Based on this trend, it is predicted that the import price per kilogram of Cuttlefish & Squid into South Korea will be 2.63 US dollars in 2023 and 2.45 US dollars in 2024.Export values for South Korea cuttlefish & squid
The total values in export for cuttlefish & squid in South Korea were US$ 105,715, US$ 71,579, US$ 23,529 and US$ 27,124 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Seafood category in South Korea: Sea Bass, Sea Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel & Octopus.
See prices of cuttlefish & squid in other countries across Asia: Kazakhstan cuttlefish & squid, Kyrgyzstan cuttlefish & squid, Tajikistan cuttlefish & squid, Turkmenistan cuttlefish & squid, Uzbekistan cuttlefish & squid, China cuttlefish & squid, Hong Kong cuttlefish & squid, Macao cuttlefish & squid, North Korea cuttlefish & squid & Mongolia cuttlefish & squid.
South Korea cuttlefish & squid - Production, Exports, Imports, Seasons and HS Codes
The quantity of cuttlefish & squid exported by South Korea in 2020 was 6,457 tonnes. In 2019 South Korea exported 7,931 tonnes of cuttlefish & squid. For 2019 alone, the interest in South Korea cuttlefish & squid (seafood category) has climbed, changing by 9.047 pc compared to the year 2018. Between 2017 and 2019, cuttlefish & squid's exports decreased by -65.61 pc netting the exporter US$27.12m for the year 2019. South Korea's cuttlefish & squid exports are categorised as:
- Cuttle fish and squid, live, fresh or chilled, with or without shell (HS code 030742)
- Live, fresh or chilled, not smoked, cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", with or without shell (HS code 030741)
- Cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp." and squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", smoked, frozen, dried, salted or in brine, with or without shell (HS code 030749)
- Cuttle fish and squid, frozen, with or without shell (HS code 030743)
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South Korea cuttlefish & squid export values
In 2019, South Korea supplied cuttlefish & squid with a value of 27.12m USD, an improvement of 15.26% from 2018's total cuttlefish & squid export of 23.529m USD. The yearly increase in value of South Korea cuttlefish & squid between 2017 to 2018 was -67.129 per cent.
The per year variation in the quantity of South Korea's cuttlefish & squid exports between 2017 and 2019 was -65.61 pc when compared to a variation of 9.047% in the growth rate between 2018 and 2019.
Export markets for South Korea cuttlefish & squid ( in '000$ )
South Korea bought 108,726 tonnes of cuttlefish & squid in 2019.