What is the price of cuttlesfish per kilogram/pound in South Korea today?
The retail price range for South Korea cuttlesfish is between US$ 7.64 and US$ 10.03 per kilogram or between US$ 3.46 and US$ 4.55 per pound(lb). Click here to see today's exact prices of cuttlesfish in South Korea
The retail price range in South Korean won for cuttlesfish is between KRW 10,184.53 and KRW 13,367.20 per kilogram or between KRW 4,618.84 and KRW 6,062.22 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea cuttlesfish is between US$ 5.35 and US$ 7.02 per kilogram or between US$ 2.42 and US$ 3.18 per pound(lb).
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South Korea Cuttlesfish Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cuttlesfish from South Korea over the last five years has been relatively stable. In 2017, the price was 12.64 US $ per kg, followed by 12.05 US $ per kg in 2018. In 2019, the price dropped to 11.56 US $ per kg, and then increased to 12.39 US $ per kg in 2020. The price then decreased to 11.30 US $ per kg in 2021, before increasing again to 13.15 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Cuttlesfish from South Korea in 2023 will be 12.90 US $ per kg, and in 2024 will be 13.60 US $ per kg.South Korea Cuttlesfish Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cuttlesfish into South Korea over the last five years has been quite volatile. In 2017, the price was 12.64 US dollars per kg, which was the highest in the period. This was followed by a decrease in 2018 to 12.05 US dollars per kg. In 2019, the price dropped further to 11.56 US dollars per kg. In 2020, the price increased to 12.39 US dollars per kg, before dropping again to 11.3 US dollars per kg in 2021. The most recent data shows that the price has increased to 13.15 US dollars per kg in 2022. Based on the current trend, it is likely that the price of Cuttlesfish into South Korea will continue to increase in the next two years. We predict that the price will reach 13.50 US dollars per kg in 2023 and 13.75 US dollars per kg in 2024.Export values for South Korea cuttlesfish
The total values in export for cuttlesfish in South Korea were US$ 7,144, US$ 8,808, US$ 8,337 and US$ 8,719 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 cuttlesfish in other countries across Asia: Kazakhstan cuttlesfish, Kyrgyzstan cuttlesfish, Tajikistan cuttlesfish, Turkmenistan cuttlesfish, Uzbekistan cuttlesfish, China cuttlesfish, Hong Kong cuttlesfish, Macao cuttlesfish, North Korea cuttlesfish & Mongolia cuttlesfish.
South Korea cuttlesfish - Production, Exports, Imports, Seasons and HS Codes
The volume of cuttlesfish exported by South Korea in 2020 was 887 tons. In 2019 South Korea shipped 754 tonnes of cuttlesfish. In 2019 alone, the demand for South Korea cuttlesfish (fish category) has surged, with a change of 8.96 pc compared to the year 2018. Between 2017 and 2019, cuttlesfish's exports increased by 8.18% netting the exporter US$8.72m for the year 2019. South Korea's cuttlesfish exports are categorised as:
- Cuttlefish and squid, prepared or preserved (excluding smoked) (HS code 160554)
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South Korea cuttlesfish export values
In 2019, South Korea sold cuttlesfish with a value of 8.72m USD, an increase of 4.59% from 2018's total cuttlesfish export of 8.337m USD. The annual change in value of South Korea cuttlesfish between 2017 to 2018 was -5.347 per cent.
The annual/yearly change in the amount of South Korea's cuttlesfish exports between 2017 and 2019 was 8.18 per cent in comparison to a variation of 8.96% in the period between 2018 and 2019.
Export markets for South Korea cuttlesfish ( in '000$ )
South Korea bought 31,223 tonnes of cuttlesfish in 2019.