What is the price of molluscs per kilogram/pound in South Korea today?
The retail price range for South Korea molluscs is between US$ 7.54 and US$ 29.93 per kilogram or between US$ 3.42 and US$ 13.58 per pound(lb). Click here to see today's exact prices of molluscs in South Korea
The retail price range in South Korean won for molluscs is between KRW 10,049.38 and KRW 39,911.14 per kilogram or between KRW 4,557.54 and KRW 18,100.29 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea molluscs is between US$ 5.28 and US$ 20.95 per kilogram or between US$ 2.39 and US$ 9.50 per pound(lb).
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South Korea Molluscs Export Prices - Historical, Trends and Prediction
The export price per kilogram of Molluscs from South Korea over the last five years has seen a steady decline. In 2017, the price was 7.36 US dollars per kg, which dropped to 5.28 US dollars per kg in 2015. The lowest price was recorded in 2016 at 4.93 US dollars per kg. Since then, the price has been gradually increasing, reaching 5.74 US dollars per kg in 2021. Based on the current trend, it is predicted that the export price per kilogram of Molluscs from South Korea in 2023 will be 6.44 US dollars per kg and in 2024 will be 6.84 US dollars per kg.South Korea Molluscs Import Prices - Historical, Trends and Prediction
The import price per kilogram of Molluscs into South Korea has seen a steady decline over the last five years. In 2016, the price was recorded at $4.93, followed by $7.36 in 2017, $6.96 in 2018, $5.67 in 2019, and $5.4 in 2020. This year, the price has increased slightly to $5.74. Looking ahead, it is likely that the import price per kilogram of Molluscs into South Korea will remain around the same level in 2023, at approximately $6.14. In 2024, the price is expected to increase slightly to around $6.30.Export values for South Korea molluscs
The total values in export for molluscs in South Korea were US$ 65,393, US$ 28,971, US$ 21,343 and US$ 29,977 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 & Cuttlefish & Squid.
See prices of molluscs in other countries across Asia: Kazakhstan molluscs, Kyrgyzstan molluscs, Tajikistan molluscs, Turkmenistan molluscs, Uzbekistan molluscs, China molluscs, Hong Kong molluscs, Macao molluscs, North Korea molluscs & Mongolia molluscs.
South Korea molluscs - Production, Exports, Imports, Seasons and HS Codes
The quantity of molluscs sold by South Korea in 2020 was 4,175 metric tons. In 2019 South Korea sold 5,194 tonnes of molluscs. For the year 2019 alone, the demand for South Korea molluscs (seafood category) has surged, with a change of 69.406 pc compared to the year 2018. Between 2017 and 2019, molluscs' exports went up by 33.18 pc earning the nation US$29.98m for the year 2019. South Korea's molluscs exports are classified as:
- Live, fresh, chilled, frozen, dried, salted or in brine, even smoked, aquatic invertebrates (excluding crustaceans, molluscs, sea cucumbers, sea urchins and jellyfish); all flours, meals and pellets of aquatic invertebrates other than crustaceans and molluscs, fit for human consumption (HS code 030890)
- Molluscs, prepared or preserved (excluding smoked, oysters, scallops, mussels, cuttle fish, squid, octopus, abalone, snails, and clams, cockles and arkshells) (HS code 160559)
- Molluscs, even in shell, frozen (excl. oysters, scallops of the genera Pecten, Chlamys or Placopecten, mussels "Mytilus spp., Perna spp.", cuttle fish and squid, octopus "Octopus spp.", snails other than sea snails, clams, cockles and ark shells, abalone and stromboid conchs); flours, meals and pellets of molluscs, frozen, fit for human consumption (HS code 030792)
- Molluscs, fit for human consumption, even in shell, smoked, frozen, dried, salted or in brine (excluding oysters, scallops of the genera Pecten, Chlamys or Placopecten, mussels "Mytilus spp., Perna spp.", cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp.", squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", octopus "Octopus spp.", snails other than sea snails, clams, cockles and ark shells and abalone); frozen, dried, salted or in brine, flours, meals and pellets of molluscs, fit for human consumption (HS code 030799)
- Live, fresh or chilled molluscs, fit for human consumption, even in shell (excluding oysters, scallops of the genera Pecten, Chlamys or Placopecten, mussels "Mytilus spp., Perna spp.", cuttle fish "Sepia officinalis, Rossia macrosoma, Sepiola spp.", squid "Ommastrephes spp., Loligo spp., Nototodarus spp., Sepioteuthis spp.", octopus "Octopus spp.", snails other than sea snails, clams, cockles and ark shells and abalone); fresh or chilled flours, meals and pellets of molluscs, fit for human consumption (HS code 030791)
- Aquatic invertebrates, prepared or preserved (excluding smoked, crustaceans, molluscs, sea cucumbers, sea urchins and jellyfish) (HS code 160569)
- Molluscs and aquatic invertebrates, prepared or preserved (HS code 160590)
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South Korea molluscs export values
In 2019, South Korea supplied molluscs with a value of 29.98m USD, a surge of 40.47% from 2018's total molluscs export of 21.343m USD. The yearly change in value of South Korea molluscs between 2017 to 2018 was -26.33 percent.
The yearly change in the quantity of South Korea's molluscs exports between 2017 and 2019 was 33.18% in comparison to a variation of 69.406% in the period between 2018 and 2019.
Export markets for South Korea molluscs ( in '000$ )
South Korea bought 27,122 tonnes of molluscs in 2019.