What is the price of sea bass per kilogram/pound in South Korea today?
The retail price range for South Korea sea bass is between US$ 10.53 and US$ 19.14 per kilogram or between US$ 4.77 and US$ 8.68 per pound(lb). Click here to see today's exact prices of sea bass in South Korea
The retail price range in South Korean won for sea bass is between KRW 14,036.00 and KRW 25,520.00 per kilogram or between KRW 6,365.53 and KRW 11,573.70 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea sea bass is between US$ 7.37 and US$ 13.40 per kilogram or between US$ 3.34 and US$ 6.08 per pound(lb).
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South Korea Sea Bass Export Prices - Historical, Trends and Prediction
The export price per kilogram of Sea Bass from South Korea has seen a significant increase over the last five years. In 2017, the price was 16.10 US dollars per kg, followed by 15.05 US dollars per kg in 2018. In 2019, the price dropped to 8.87 US dollars per kg, before rising to 23.80 US dollars per kg in 2020. The price then decreased to 12.73 US dollars per kg in 2021, and is currently at 4.78 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Sea Bass from South Korea will be around 5.50 US dollars per kg in 2023 and 4.20 US dollars per kg in 2024.South Korea Sea Bass Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sea Bass into South Korea has seen a significant fluctuation over the last five years. In 2016, the price was at its highest at $14.25, before dropping to $8.87 in 2019. However, the price has since seen a sharp increase, reaching $23.80 in 2020. This year, the price has dropped again to $12.73. Looking ahead, it is likely that the price of Sea Bass will remain relatively stable, with an estimated price of $4.78 for 2022. Predicted prices for 2023 and 2024 are $4.78 and $4.78 respectively.Export values for South Korea sea bass
The total values in export for sea bass in South Korea were US$ 1,510, US$ 1,401, US$ 873 and US$ 931 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 Bream, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of sea bass in other countries across Asia: Kazakhstan sea bass, Kyrgyzstan sea bass, Tajikistan sea bass, Turkmenistan sea bass, Uzbekistan sea bass, China sea bass, Hong Kong sea bass, Macao sea bass, North Korea sea bass & Mongolia sea bass.
South Korea sea bass - Production, Exports, Imports, Seasons and HS Codes
The quantity of sea bass exported by South Korea in 2020 was 15 tons. In 2019 South Korea shipped 105 tonnes of sea bass. For the year 2019 alone, the demand for South Korea sea bass (seafood category) has climbed, changing by 81.034 pc compared to the year 2018. Between 2017 and 2019, sea bass' exports increased by 20.69 percent earning South Korea US$0.93m for the year 2019. South Korea's sea bass exports are categorised as:
- Frozen sea bass "Dicentrarchus spp." (HS code 030384)
- Frozen sea bass (Dicentrarchus labrax, Dicentrarchus punctatus) (HS code 030377)
- Fresh or chilled sea bass "Dicentrarchus spp." (HS code 030284)
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South Korea sea bass export values
In 2019, South Korea sold sea bass with a value of 0.93m USD, an increment of 6.53% from 2018's total sea bass export of 0.873m USD. The annual change in value of South Korea sea bass between 2017 to 2018 was -37.687 per cent.
The yearly variation in the amount of South Korea's sea bass exports between 2017 and 2019 was 20.69 percent in comparison to a variation of 81.034% in the period between 2018 and 2019.
Export markets for South Korea sea bass ( in '000$ )
South Korea procured 14 tonnes of sea bass in 2019.