SOUTH KOREA: By August 2022, 815,679 tons of seafood were imported, and 6,961 tons of frozen white leg shrimp accounted for 0.85%.
In the case of 2021 of the previous year, 9,971 tons were imported, accounting for 1.49% of the 670,790 tons.
Imports of frozen white leg shrimp in August were 788 tons, down 4% from 819 tons in the previous year, and the accumulated amount was 6,961 tons, a 30% decrease from 9,971 tons in the same period last year.
From 2017 to 2022, the average import volume for August was 1,322 tons, and the import volume of frozen whiteleg shrimp in six years was the highest at 14,479 tons in 2019 and the lowest at 6,961 tons in 2022.
Ecuador, a major exporter of frozen whiteleg shrimp, recorded 4,075 tons, Malaysia 1,439 tons, Peru 944 tons, Vietnam 444 tons, Saudi Arabia 58 tons, and Guinea 1 ton. Highest prices by origin : Ecuador USD 6.71/Kg, Malaysia USD 7.25/Kg, Peru USD 7.44/Kg and Saudi Arabia USD 5.31/Kg recorded the lowest unit price.
Frozen whiteleg shrimp imports amounted to USD 5.16 million, a decrease of 9% from USD 5.69 million in the previous year, and the cumulative import amount until August was USD 48.77 million, a decrease of 20% from USD 60.89 million in the previous year.
The average unit import price is USD 6.55/Kg, which is 5.7% lower than USD 6.95/Kg in the same period of the previous year.
Source : Union Forsea Corp.