What is the price of sea bream per kilogram/pound in South Korea today?
The retail price range for South Korea sea bream is between US$ 6.33 and US$ 8.38 per kilogram or between US$ 2.87 and US$ 3.80 per pound(lb). Click here to see today's exact prices of sea bream in South Korea
The retail price range in South Korean won for sea bream is between KRW 8,443.93 and KRW 11,171.97 per kilogram or between KRW 3,829.45 and KRW 5,066.65 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2024, the approximate wholesale price range for South Korea sea bream is between US$ 4.43 and US$ 5.87 per kilogram or between US$ 2.01 and US$ 2.66 per pound(lb).
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South Korea Sea Bream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Sea Bream from South Korea has seen a significant fluctuation over the past five years. In 2012, the price was 9.25 US dollars per kg, which dropped to 6.43 US dollars per kg in 2013. The price then increased to 8.00 US dollars per kg in 2014, before dropping to 5.33 US dollars per kg in 2015. In 2016, the price dropped to its lowest point of 2.43 US dollars per kg, before increasing to 11.00 US dollars per kg in 2017. The price then dropped to 2.17 US dollars per kg in 2018, before increasing to 4.50 US dollars per kg in 2019. In 2020, the price increased to 6.33 US dollars per kg, before reaching its highest point of 15.00 US dollars per kg in 2021. The price then dropped to 6.67 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Sea Bream from South Korea will be 7.17 US dollars per kg in 2023 and 8.17 US dollars per kg in 2024.South Korea Sea Bream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Sea Bream into South Korea has seen a lot of fluctuation over the past five years. In 2017, the price was at its highest at 11.00 US dollars per kg, before dropping to 2.43 US dollars per kg in 2016. The price then rose to 4.50 US dollars per kg in 2019, before increasing again to 6.33 US dollars per kg in 2020. The most recent data shows that the price has risen to 15.00 US dollars per kg in 2021. Based on this data, it is likely that the import price per kilogram of Sea Bream into South Korea will continue to increase in the next two years. We predict that the price will be around 17.00 US dollars per kg in 2023 and 19.00 US dollars per kg in 2024.Export values for South Korea sea bream
The total values in export for sea bream in South Korea were US$ 51, US$ 22, US$ 104 and US$ 45 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, Lobster, Shrimps & Prawns, Crabs, Crustaceans, Oysters, Scallops, Blue Mussel, Cuttlefish & Squid & Octopus.
See prices of sea bream in other countries across Asia: Kazakhstan sea bream, Kyrgyzstan sea bream, Tajikistan sea bream, Turkmenistan sea bream, Uzbekistan sea bream, China sea bream, Hong Kong sea bream, Macao sea bream, North Korea sea bream & Mongolia sea bream.
South Korea sea bream - Production, Exports, Imports, Seasons and HS Codes
The amount of sea bream exported by South Korea in 2020 was 15 metric tons. In 2019 South Korea exported 10 tonnes of sea bream. In 2019 alone, the interest in South Korea sea bream (seafood category) has decreased, recording a change of -79.167 pc compared to the year 2018. Between 2017 and 2019, sea bream's exports went up by 400 pc bringing the nation US$0.04m for the year 2019. South Korea's sea bream exports are categorised as:
- Fresh or chilled sea bream "Sparidae" (HS code 030285)
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South Korea sea bream export values
In 2019, South Korea sold sea bream valued at 0.04m USD, a drop of -61.54% from 2018's total sea bream export of 0.104m USD. The yearly reduction in value of South Korea sea bream between 2017 to 2018 was 372.727 percent.
The yearly change in the amount of South Korea's sea bream exports between 2017 and 2019 was 400 percent when compared to a variation of -79.167% in the growth rate between 2018 and 2019.
South Korea's share of the world's total sea bream's exports in 2019 was less than 1%. South Korea is ranked position 16 in world exports of sea bream.
Export markets for South Korea sea bream ( in '000$ )
Import/Export Trends
South Korea is a net exporter of sea bream. The annual growth of South Korea sea bream in value between 2015 to 2019 was -5%, per year, while annual growth in quantity during the same period was -10%, per annum.
South Korea imported 94 tonnes of sea bream in 2019.