Union Forsea Corp.

Union Forsea Corp. We provide a highly useful guide for doing seafood business in Korea. please contact us by email or official website.

방금 Bangladesh International Aquaculture & Seafood Show의 우수 팬으로 인정받았습니다! 🎉
07/09/2025

방금 Bangladesh International Aquaculture & Seafood Show의 우수 팬으로 인정받았습니다! 🎉

Frozen Po***ck Imports Down, Prices UpSouth Korea’s frozen po***ck imports dropped 11% in Jan–Aug 2025, totaling 77,997 ...
07/09/2025

Frozen Po***ck Imports Down, Prices Up
South Korea’s frozen po***ck imports dropped 11% in Jan–Aug 2025, totaling 77,997 tons.
Despite the decline, po***ck still makes up 13% of all seafood imports.

🇷🇺 Russia supplied 97%, while imports from the U.S. and China were minimal.

💲 Average price rose to USD 1.06/kg, up 9% YoY, even as total import value slipped 3% to USD 82.37M.

👉 With such heavy reliance on Russia, global conditions and catch levels will directly impact supply and prices ahead.

https://forsea.co.kr/eng/bbs/board.php?bo_table=eng_news&wr_id=803

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📌 July Sees Surge in Malaysian FROZEN WHITE LEG SHRIMP & FROZEN POULP SQUID ImportsIn July 2025, Malaysia’s seafood expo...
03/09/2025

📌 July Sees Surge in Malaysian FROZEN WHITE LEG SHRIMP & FROZEN POULP SQUID Imports

In July 2025, Malaysia’s seafood exports to Korea reached 466 tons, up 35% YoY.

FROZEN WHITE LEG SHRIMP : 1,149 tons (+51%)
FROZEN POULP SQUID : 354 tons (+38%)

Meanwhile:
FROZEN GIANT TIGER PRAWN : 1,043 tons (–11%)
FROZEN CUTTLE FISH : 159 tons (–27%)

Import value hit USD 33.1 million (+40%), but cumulative Jan–Jul value fell 8% to USD 215.8 million.

➡ Strong demand for Malaysian FROZEN WHITE LEG SHRIMP and FROZEN POULP SQUID continues in the Korean market!

🇸🇳 Senegalese Seafood Imports Soar 112% in JulyIn July 2025, South Korea imported 1,762 tons of seafood from Senegal — m...
02/09/2025

🇸🇳 Senegalese Seafood Imports Soar 112% in July

In July 2025, South Korea imported 1,762 tons of seafood from Senegal — more than double last year’s volume (830 tons).

🐟 FROZEN HAIR TAIL : 1,548 tons (+86%)
🐟 FROZEN TONGUE FISH : 446 tons (-57%)
🐚 BOILED FROZEN TUN SHELL MEAT : 305 tons (-13%)

💰 Import value surged to USD 5.77 million, up 120% year-on-year.

📉 However, the average import price slipped to USD 3.25/kg, slightly lower than last year.

👉 While Senegal accounts for just 0.6% of total seafood imports, its growth trend is remarkable.

✅ UK Seafood Imports Up 59% in July 2025In July 2025, Korea imported 530 tons of UK seafood, a 59% increase year-on-year...
01/09/2025

✅ UK Seafood Imports Up 59% in July 2025

In July 2025, Korea imported 530 tons of UK seafood, a 59% increase year-on-year. Cumulative imports from January–July reached 3,640 tons, soaring 162% compared to 2024.

📌 Key Products
FROZEN BOILED WHELK MEAT : 1,938 tons (+61%)
FROZEN MACKEREL : 1,557 tons (new imports)
FROZEN HERRING IMITATION CAVIAR : 85 tons (+18%)

💰 Import value surged to USD 6.96M in July (+102%) and USD 31.82M YTD (+114%).
📉 Average unit price dropped to USD 8.74/kg (–25%), boosting competitiveness.

📉 Philippine Seafood Imports Down 15% in JulyIn July 2025, Philippine seafood imports to Korea dropped to 222 tons, down...
29/08/2025

📉 Philippine Seafood Imports Down 15% in July

In July 2025, Philippine seafood imports to Korea dropped to 222 tons, down 15% YoY.
✅ Cumulative imports: 1,419 tons (–8% YoY, 0.3% of total)

✅ By product:
BOILED FROZEN OCTOPUS : –2%
BOILED FROZEN OCTOPUS LEG : +24%
BOILED FROZEN ABALONE SHELL MEAT : –54%

💰 Import value:
July: USD 2.33M (–32% YoY)
Cumulative: USD 16.02M (–18% YoY)
📉 Average price: USD 11.30/kg (–18% YoY)

👉 Overall, both import volume and prices declined, with abalone meat showing the steepest drop.

Frozen Codmilt : July imports showed slight growth, but cumulative volume and value both declined.The U.S. remained the ...
27/08/2025

Frozen Codmilt :

July imports showed slight growth, but cumulative volume and value both declined.

The U.S. remained the dominant supplier, accounting for over three-quarters of the total.

Average import prices fell, indicating mounting price pressures.

For more : https://forsea.co.kr/eng/bbs/board.php?bo_table=eng_news&wr_id=793

✅ Canadian Seafood Imports Up 2% in JulyIn July 2025, seafood imports from Canada reached 414 tons, a 2% increase from l...
19/08/2025

✅ Canadian Seafood Imports Up 2% in July

In July 2025, seafood imports from Canada reached 414 tons, a 2% increase from last year, but cumulative imports fell 12% (1,932 tons).

LIVE LOBSTER : 744 tons (-15%)
FRESH ATLANTIC SALMON : 166 tons (sharp increase)
BOILED FROZEN LOBSTER: 134 tons (-30%)

📉 Import value in July was USD 7.93M (-19%),
Cumulative value USD 38.89M (-24%).
Average import price dropped to USD 20.13/kg (-14%).

📢 Taiwan’s Seafood Imports to Korea Soar 134% in July 2025!In July 2025, Korea’s imports of Taiwanese seafood surged by ...
18/08/2025

📢 Taiwan’s Seafood Imports to Korea Soar 134% in July 2025!

In July 2025, Korea’s imports of Taiwanese seafood surged by 134% compared to last year.
Import volume: 3,356 tons (vs. 1,435 tons in 2024 → 134%↑)
Cumulative imports: 9,288 tons (+4% YoY, 2% of total)

Key products:
FROZEN BIGEYE TUNA +484% (677 tons)
FROZEN MACKEREL PIKE -53% (893 tons)
FROZEN SWORD FISH -11% (1,336 tons)
FROZEN SQUID -2% (3,494 tons)

💰 Import value also jumped!
July 2025: USD 15.84 million (+177% YoY)
Jan–Jul total: USD 43.21 million (+23% YoY)
Average import price: USD 4.65/kg (+19% YoY)

👉 The sharp increase was mainly driven by the soaring imports of FROZEN BIGEYE TUNA.

📊 Frozen Pollack Wholesale Prices by Size – Week 33 of 2025By July 2025, Korea imported 66,517 tons of frozen po***ck, d...
14/08/2025

📊 Frozen Pollack Wholesale Prices by Size – Week 33 of 2025

By July 2025, Korea imported 66,517 tons of frozen po***ck, down 13% from 76,592 tons last year. Import value reached USD 71.4 million (-4%), while the average unit price rose to USD 1.07/kg (+10.8%).

📌 Prices by Country
Russia: USD 1.05/kg (share 96.52%)
USA: USD 1.62/kg (share 3.27%)
China: USD 1.73/kg

💰 Wholesale Prices (as of Aug 14)
Size 6: ~KRW 43,500 (+1.2%)
Size 7: ~KRW 40,500

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📉 Thai Seafood Imports in July Down 20%In July 2025, Thai seafood imports to Korea fell 20% year-on-year to 925 tons. Fr...
14/08/2025

📉 Thai Seafood Imports in July Down 20%

In July 2025, Thai seafood imports to Korea fell 20% year-on-year to 925 tons. From January to July, cumulative imports reached 6,318 tons, down 15% from last year, accounting for just 1% of total seafood imports.

📌 By Product
FROZEN SMALL OCTOPUS : 2,532 tons (+3%)
FROZEN WHITE LEG SHRIMP MEAT : 808 tons (+1%)
SALTED JELLY FISH : 780 tons (-61%)
FROZEN POULP SQUID : 429 tons (-1%)

💰 Import Value
July imports totaled USD 6.67 million (+3%), but cumulative value was USD 49.52 million (-6%).
Average unit price rose to USD 7.84/kg, up 10% from last year.

📈 Norwegian Mackerel Prices Edge Up in AugustBy July 2025, frozen mackerel imports hit 39,292 tons — up 54% from last ye...
13/08/2025

📈 Norwegian Mackerel Prices Edge Up in August

By July 2025, frozen mackerel imports hit 39,292 tons — up 54% from last year. Norway dominated with 80.25% of the supply (31,530 tons), followed by China (9.15%), the UK, and the Netherlands.

August wholesale prices (3rd week):
300/500g trawl: KRW 99,500 (+3.65% from July)
400/600g trawl: KRW 99,500 (+1.53% from July)

Average import price: USD 2.67/kg (Norway USD 2.81/kg, China USD 1.85/kg)

💡 Supply surged, but prices are still inching upward.

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216, Gudeok-ro, Seo-gu, Busan, Korea
Busan
49223

Telephone

+82512425300

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