Union Forsea Corp.

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Frozen Yellowfin Sole Imports Down, Prices Up in South KoreaMarch 2026 imports fell to 1,314 tons (-12% YoY), but cumula...
08/04/2026

Frozen Yellowfin Sole Imports Down, Prices Up in South Korea

March 2026 imports fell to 1,314 tons (-12% YoY), but cumulative volume reached 4,457 tons (+6% YoY).
Russia dominates supply with a 72.47% share, followed by the U.S. at 27.53%.

Import amount rose to USD 3.65 million (+3% YoY), while cumulative amount surged to USD 12.37 million (+37% YoY).
Import unit price increased to USD 2.78/kg (+28.7% YoY), showing strong upward pressure.

Domestic wholesale prices reflect this trend, with Russian processed product trading around KRW 23,000 per 4.5kg pack.

Heavy reliance on Russia continues, and supply diversification remains a key market issue.

For More : https://forsea.co.kr/eng/bbs/board.php?bo_table=eng_news

Frozen small octopus imports into South Korea dropped sharply in March 2026.March volume: 1,320 tons (-34% YoY)Q1 total:...
07/04/2026

Frozen small octopus imports into South Korea dropped sharply in March 2026.

March volume: 1,320 tons (-34% YoY)
Q1 total: 4,895 tons (-19% YoY)
Import amount: USD 33.40 million (-11% YoY)
Avg. price: USD 6.82/kg (+10.7% YoY)

Vietnam dominated supply with over 81% share, followed by Thailand and China.

Lower volumes + rising prices = tightening supply and growing market pressure.

For more : https://www.forsea.co.kr/eng

Frozen octopus imports into South Korea dropped sharply in early 2026.According to Union Forsea Corp., February imports ...
30/03/2026

Frozen octopus imports into South Korea dropped sharply in early 2026.

According to Union Forsea Corp., February imports fell to 30 tons, down 70% YoY. Total imports reached 128 tons, a 52% decrease compared to last year.

Mauritania remained the top supplier (48%), followed by Senegal (23%), with notable gaps in supply from other origins.

Import amount also declined significantly, while the average import unit price edged up to USD 8.59/kg.

The market is showing clear signs of supply contraction, and recovery may be limited in the short term.

Union Forsea Corp.
for More : https://forsea.co.kr/eng/

Frozen herring imports into South Korea dropped sharply in early 2026, showing a significant contraction in supply.In Fe...
23/03/2026

Frozen herring imports into South Korea dropped sharply in early 2026, showing a significant contraction in supply.

In February 2026, imports totaled only 495 tons, down 88% from 4,146 tons a year earlier.
Total imports for January–February reached 1,848 tons, a 56% decrease compared to 4,166 tons last year, accounting for just 1.3% of total seafood imports.

Russia supplied 1,800 tons, holding a dominant 97.4% share, while Norway accounted for only 48 tons.
The high dependence on a single origin increases supply risk depending on fishing conditions and geopolitical factors.

Import amount also declined sharply.
February imports were USD 0.43 million, down 88% from USD 3.65 million last year.
Total import amount for Jan–Feb reached USD 1.92 million, down 48% year-on-year.

Average import price increased due to reduced supply.
2026: USD 1.04/kg
2025: USD 0.88/kg (+18%)

In the domestic wholesale market, frozen herring (13kg pack, over 25cm) is currently traded around KRW 29,000.

© Union Forsea Corp.
Source: Union Forsea import statistics

https://www.forsea.co.kr/eng

Frozen Monkfish Imports Down 16% in Korea, China Holds 99% ShareSouth Korea’s frozen monkfish import market is slowing i...
13/03/2026

Frozen Monkfish Imports Down 16% in Korea, China Holds 99% Share

South Korea’s frozen monkfish import market is slowing in 2026.
Import volume and import amount both declined, while the average import price moved slightly higher.

According to Union Forsea Corp., Korea imported 3,513 tons in February, down 14% YoY.
Total imports through February reached 7,516 tons, down 16% from last year, accounting for 5.3% of total seafood imports (140,697 tons).

China dominated the market with 7,500 tons (99.79%), while the U.S. supplied only 16 tons.
Average import price: USD 2.11/kg.

Total import amount reached USD 15.83 million (-16% YoY).
February alone: USD 7.49 million (-12% YoY).

Despite lower volume, prices remain firm, keeping cost pressure on the market.

Source: Union Forsea Corp.
https://www.forsea.co.kr/eng

Union Forsea Corp., a leading seafood distribution and information platform in South Korea, held a business meeting with...
06/03/2026

Union Forsea Corp., a leading seafood distribution and information platform in South Korea, held a business meeting with Nicolas Moy, CEO of Spain-based octopus specialist MoySeafood, at its Busan headquarters on March 5.

The meeting focused on exploring cooperation to expand the supply of premium Spanish octopus in the Korean market and strengthen brand recognition.

During the meeting, Union Forsea introduced its nationwide seafood distribution network and digital seafood information platform, emphasizing its ability to support brand development and market expansion in Korea.

Both companies also discussed product standardization tailored to Korean consumer preferences, stable supply strategies, and the potential development of small-pack IQF octopus products targeting online retail and premium foodservice sectors.

The meeting may serve as a starting point for broader cooperation between Union Forsea Corp. and MoySeafood in the Korean seafood market.

https://www.forsea.co.kr/eng

Korea’s Seafood Imports: Volume Down 7.9%, Value Up 21% (Jan–Feb 2026)Korea imported 140,697 tons of seafood in the firs...
03/03/2026

Korea’s Seafood Imports: Volume Down 7.9%, Value Up 21% (Jan–Feb 2026)

Korea imported 140,697 tons of seafood in the first two months of 2026, down 7.9% from the same period last year.
However, import value rose sharply to USD 814.12 million, up 21%, driven by higher prices and more high-value products.

Top 10 Countries by Volume

China – 34,829 tons (-13.9%)

Russia – 18,611 tons (+7.8%)

Norway – 17,188 tons (-31.5%)

Vietnam – 10,757 tons (+40.3%)

Peru – 7,078 tons (+1,321.3%)

United States – 4,941 tons (+53.8%)

Japan – 4,820 tons (+9.6%)

Chile – 4,452 tons (+1.9%)

Taiwan – 3,040 tons (+109.8%)

Indonesia – 1,399 tons (-20.7%)

Strong growth from Peru, Taiwan, and Vietnam influenced the overall structure, while Norway saw a sharp decline due to lower mackerel imports. Despite reduced volume, rising prices pushed total import value significantly higher.

27/02/2026

Union Force is proudly importing premium dried squid (건오징어) from top sources like China and delivering the authentic, savory taste directly to eager customers across Korea!

This high-energy promotional AI video brings the irresistible crunch, rich umami flavor, and perfect chew of our top-quality dried squid straight to life—get ready to crave it!

Whether it's for snacking, anju (drinking side), or adding that special seafood kick to your meals, Union Force ensures fresh, high-grade supply every time.

Taste the ocean's best—watch the video and dive in!

https://www.forsea.co.kr/eng

South Korea’s Frozen Mackerel Market Update – February 2026South Korea’s frozen mackerel market remains dominated by Nor...
23/02/2026

South Korea’s Frozen Mackerel Market Update – February 2026

South Korea’s frozen mackerel market remains dominated by Norwegian products, with wholesale prices staying firmly in the KRW 160,000 range through February 2026. Lower import volumes compared with last year continue to push the market upward.

■ Import Status (January 2026 TOTAL)
• Total imports: 9,021 tons (down 25% YoY)
• Norway: 8,778 tons (98% share)
• UK: 188 tons (USD 5.42/kg)
• China: 55 tons
• Average import price: USD 5.4/kg

■ Wholesale Prices
• 300g/500g: About KRW 169,000 per 20kg box (up 1–2%)
• 400g/600g: About KRW 164,000 per 20kg box (down 1–2%)
Prices in the 4th week of February remained almost identical to late January.

■ Why Prices Remain High
• Norway’s 2026 quota sharply reduced to 48% of last year
• Exchange-rate fluctuations increasing import costs
These factors continue to limit downward price movement.

■ Government Tariff Adjustment
South Korea introduced a 0% tariff quota for frozen mackerel from mid-February 2026.
• Total allocation: 25,000 tons
• Valid until December 31, 2026
However, due to already elevated import prices, the short-term impact on wholesale price relief is expected to be limited.

According to Union Forsea Corp., reduced import volume and firm global prices mean that high domestic wholesale prices are likely to continue into March and beyond.

https://www.forsea.co.kr/eng

South Korea’s Imports of Po***ck Milt Surge 479% in January… Unit Price Drops 30%, Driving Aggressive Buyer PurchasingSo...
23/02/2026

South Korea’s Imports of Po***ck Milt Surge 479% in January… Unit Price Drops 30%, Driving Aggressive Buyer Purchasing
South Korea’s frozen po***ck milt import market saw a sharp rise in volume and a simultaneous decline in unit price in January 2026. As winter-season demand increased and the unit price fell to the mid-USD 1 range, domestic buyers significantly expanded their purchasing.

In January 2026, frozen po***ck milt import volume reached 423 tons, up 479% from 76 tons a year earlier. Po***ck milt accounted for approximately 0.56% of total seafood imports for the month, which recorded 75,350 tons.
Driven by the surge in volume, total import value also increased substantially. January import value reached USD 6.74 million, up 304% from USD 1.67 million last year. The average import unit price stood at USD 1.59/kg, a decrease of 30.3% from USD 2.29/kg in 2025.

The decline in unit price is attributed to contrasting market conditions in Russia: while prices for processed po***ck products such as fillets and surimi rose due to local consumption, po***ck milt—less consumed domestically—saw export offer prices lowered as Russian packers moved to clear inventory. This price environment prompted large-scale purchasing by Korean importers.

Russia Maintains a 100% Share of Supply
All 423 tons of frozen po***ck milt imported in January 2026 originated from Russia, reinforcing a supply structure fully dependent on a single country. This heavy reliance increases potential supply-chain risk in the event of policy changes or disruptions to Russian fishing operations.

More : https://forsea.co.kr/eng/bbs/board.php?bo_table=eng_news&wr_id=928

https://www.forsea.co.kr/eng

Cod Collar Imports Jump 124% in JanuaryRussia is now dominating the Korean market after a surge in supply.South Korea im...
20/02/2026

Cod Collar Imports Jump 124% in January
Russia is now dominating the Korean market after a surge in supply.

South Korea imported 260 tons of frozen cod collar in January, up 124% from last year. Import value also jumped to USD 8.73 million, a 160% increase.

Russia vs USA: A Clear Shift
• Russia: 235 tons, up 218%, controlling almost 90% of total volume
• USA: 25 tons, down 40%

Price Reversal
• Russia: USD 3.40/kg (+30%)
• USA: USD 3.00/kg (-12%)

Last year the USA was more expensive, but Russian prices surged and overtook it this year.
The overall average price rose to USD 3.36/kg (+15.9%).

Market Insight
Russia’s expanded supply and rising prices are reshaping the cod collar market. Korean buyers are now heavily dependent on Russian production trends and trading conditions.

ノルウェー産サバフィレ（500g以上）韓国・釜山保管こんにちは。韓国・釜山にて保管中の2025年加工 冷凍サバを販売しております。サイズは1尾あたり500g以上となっております。ご関心のある企業様は、釜山へご訪問いただき、現物検品が可能です...
13/02/2026

ノルウェー産サバフィレ（500g以上）韓国・釜山保管

こんにちは。

韓国・釜山にて保管中の2025年加工 冷凍サバを販売しております。
サイズは1尾あたり500g以上となっております。

ご関心のある企業様は、釜山へご訪問いただき、現物検品が可能です。

何卒よろしくお願い申し上げます。

連絡先：[email protected]

http://suisanhub.biz/forum/detail?id=36

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Busan
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