What is the price of salmon per kilogram/pound in South Korea today?
The retail price range for South Korea salmon is between US$ 7.66 and US$ 12.92 per kilogram or between US$ 3.47 and US$ 5.86 per pound(lb). Click here to see today's exact prices of salmon in South Korea
The retail price range in South Korean won for salmon is between KRW 10,210.13 and KRW 17,229.60 per kilogram or between KRW 4,630.45 and KRW 7,813.88 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea salmon is between US$ 5.36 and US$ 9.05 per kilogram or between US$ 2.43 and US$ 4.10 per pound(lb).
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South Korea Salmon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Salmon from South Korea over the last five years has been quite varied. In 2017, the price was 4.43 US dollars per kg, followed by 4.33 US dollars per kg in 2018. In 2019, the price dropped to 3.77 US dollars per kg, and then further decreased to 2.72 US dollars per kg in 2020. The lowest price was recorded in 2021, at 2.16 US dollars per kg, and the price increased slightly to 2.25 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Salmon from South Korea in 2023 will be around 2.30 US dollars per kg, and in 2024 it will be around 2.35 US dollars per kg.South Korea Salmon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Salmon into South Korea over the last five years has been quite volatile. In 2016, the price was at its lowest point of $3.18, before rising to $4.43 in 2017. This was followed by a slight decrease to $4.33 in 2018, before dropping again to $3.77 in 2019. The price then fell to its lowest point in the last five years of $2.72 in 2020, before rising again to $2.16 in 2021. The most recent data shows that the import price per kilogram of Salmon into South Korea is $2.25. Looking ahead, it is likely that the import price per kilogram of Salmon into South Korea will remain relatively stable in the next two years. We predict that the price will remain at $2.25 in 2023 and will increase slightly to $2.30 in 2024.Export values for South Korea salmon
The total values in export for salmon in South Korea were US$ 4,109, US$ 10,071, US$ 3,558 and US$ 5,500 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, Halibut Fish, Sole Fish & Turbot Fish.
See prices of salmon in other countries across Asia: Kazakhstan salmon, Kyrgyzstan salmon, Tajikistan salmon, Turkmenistan salmon, Uzbekistan salmon, China salmon, Hong Kong salmon, Macao salmon, North Korea salmon & Mongolia salmon.
South Korea salmon - Production, Exports, Imports, Seasons and HS Codes
The quantity of salmon exported by South Korea in 2020 was 3,925 metric tonnes. In 2019 South Korea exported 1,459 tonnes of salmon. Through 2019 alone, the interest in South Korea salmon (fish category) has escalated, recording a change of 77.71 % compared to the year 2018. Between 2017 and 2019, salmon's exports decreased by -35.76% netting South Korea US$5.50m for the year 2019. South Korea's salmon exports are classified as:
- Salmon, fresh (HS code 0302Xa)
- Fresh or chilled Pacific salmon Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030212)
- Fresh or chilled Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030214)
- Fresh or chilled fillets of Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030441)
- Fresh or chilled salmonidae (excluding trout "Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster", Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho") (HS code 030219)
- Frozen Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) (HS code 030322)
- Frozen, Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030313)
- Smoked Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho", incl. fillets (excluding offal) (HS code 030541)
- Frozen fillets of Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus", Atlantic salmon "Salmo salar" and Danube salmon "Hucho hucho" (HS code 030481)
- Frozen Pacific salmon (excluding sockeye salmon "red salmon") (HS code 030312)
- Fresh or chilled meat, whether or not minced, of salmonidae (excluding fillets) (HS code 030452)
- Prepared or preserved salmon, whole or in pieces (excluding minced) (HS code 160411)
- Fish fillets, dried, salted or in brine, but not smoked (excluding tilapia, catfish, carp, eels, Nile perch, snakeheads and fish of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae) (HS code 030539)
- Frozen Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus" (HS code 030310)
- Fresh or chilled Pacific salmon "Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus" (HS code 030213)
- Frozen salmonidae (excluding trout and Pacific, Atlantic and Danube salmon) (HS code 030319)
- Frozen sockeye salmon [red salmon] "Oncorhynchus nerka" (HS code 030311)
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South Korea salmon export values
In 2019, South Korea supplied salmon costing 5.50m USD, an increment of 54.58% from 2018's total salmon export of 3.558m USD. The annual change in value of South Korea salmon between 2017 to 2018 was -64.671%.
The yearly change in the amount of South Korea's salmon exports between 2017 and 2019 was -35.76 pc compared to a variation of 77.71% in the period between 2018 and 2019.
Export markets for South Korea salmon ( in '000$ )
South Korea brought in 37,995 tonnes of salmon in 2019.