What is the price of cod per kilogram/pound in South Korea today?
The retail price range for South Korea cod is between US$ 3.65 and US$ 6.32 per kilogram or between US$ 1.65 and US$ 2.87 per pound(lb). Click here to see today's exact prices of cod in South Korea
The retail price range in South Korean won for cod is between KRW 4,861.50 and KRW 8,426.60 per kilogram or between KRW 2,204.76 and KRW 3,821.59 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea cod is between US$ 2.55 and US$ 4.42 per kilogram or between US$ 1.16 and US$ 2.01 per pound(lb).
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South Korea Cod Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cod from South Korea has seen a significant increase over the last five years. In 2017, the price was 8.33 US dollars per kg, while in 2021 it had risen to 27.00 US dollars per kg. This represents an increase of over 225%. In 2020, the price was 18.33 US dollars per kg, and in 2022 it had risen to 27.00 US dollars per kg. This is an increase of over 47%. Based on this trend, it is likely that the export price per kilogram of Cod from South Korea will continue to rise in the coming years. We can predict that the price in 2023 will be around 30.00 US dollars per kg, and in 2024 it will be around 33.00 US dollars per kg.South Korea Cod Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cod into South Korea has seen a significant increase over the last five years. In 2017, the price was 8.33 US dollars per kg, while in 2021 it had risen to 27.00 US dollars per kg. This represents an increase of over 225%. In 2018, the price was 17.50 US dollars per kg, and in 2020 it had risen to 18.33 US dollars per kg. This is an increase of over 4.5%. Looking ahead, it is likely that the import price per kilogram of Cod into South Korea will continue to rise, with an estimated price of 28.50 US dollars per kg in 2023 and 30.00 US dollars per kg in 2024.Export values for South Korea cod
The total values in export for cod in South Korea were US$ 39, US$ 25, US$ 35 and US$ 116 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in South Korea: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of cod in other countries across Asia: Kazakhstan cod, Kyrgyzstan cod, Tajikistan cod, Turkmenistan cod, Uzbekistan cod, China cod, Hong Kong cod, Macao cod, North Korea cod & Mongolia cod.
South Korea cod - Production, Exports, Imports, Seasons and HS Codes
The volume of cod shipped by South Korea in 2020 was 3 metric tons. In 2019 South Korea exported 12 tonnes of cod. Across 2019 alone, the demand for South Korea cod (fish category) has surged, with a change of 500 pc compared to the year 2018. Between 2017 and 2019, cod's exports went up by 300 pc earning the country US$0.12m for the year 2019. South Korea's cod exports are classified as:
- Cod "Gadus morhua, Gadus ogac, Gadus macrocephalus", salted or in brine only (excluding fillets and offal) (HS code 030562)
- Dried cod "Gadus morhua, Gadus ogac, Gadus macrocephalus", even salted, not smoked (excluding fillets and offal) (HS code 030551)
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South Korea cod export values
In 2019, South Korea supplied cod with a value of 0.12m USD, a growth of 242.86% from 2018's total cod export of 0.035m USD. The yearly increase in value of South Korea cod between 2017 to 2018 was 40 per cent.
The annual variation in the quantity of South Korea's cod exports between 2017 and 2019 was 300 percent when compared to a variation of 500% in the growth rate between 2018 and 2019.
Export markets for South Korea cod ( in '000$ )
South Korea bought 321 tonnes of cod in 2019.