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This report analyses different aspects of prices, markets and exports of surimi and derived products in the Korean Republic.
1. ASIA
1.1 Republic of Korea
Surimi
Prices
The average CIF price of Korean imports of Alaska pollock surimi in October was USD 3.31/kg, 2% less from October 2018. The average price of the other surimis, of Asian origin, was USD 1.67/kg, 5% less than in October of the previous year.
Table 1: CIF price of Korean imports of surimi, 2019/2018, USD/kg
|
Origin
|
Species
|
USD/kg
|
Variation % Oct/19 Oct/18
|
|
Oct/19
|
Oct/18
|
|
United States
|
Alaska pollock
|
3.31
|
3.37
|
-2%
|
|
Vietnam
|
Other
|
1.61
|
1.79
|
-10%
|
|
China
|
Other
|
1.40
|
1.41
|
-1%
|
|
Indonesia
|
Other
|
1.96
|
1.90
|
+3%
|
|
Pakistan
|
Other
|
1.48
|
2.39
|
-38%
|
|
India
|
Other
|
2.57
|
2.53
|
+2%
|
Fuente: FIS.com
Markets
Imports of Alaska pollock surimi in in the first ten months of 2019 were 14% lower than in the same period of the previous year.
Table 2: Korean imports of Alaska Pollock surimi, 2019/2018, tonnes
|
Origin
|
Tonnes Jan-Oct
|
Variation % 2019/2018
|
|
2019
|
2018
|
|
United States
|
18,235
|
21,119
|
-14%
|
|
Other
|
0
|
0
|
-
|
|
Total
|
18,235
|
21,119
|
-14%
|
Fuente: FIS.com
Imports of other surimis show a decrease of 13% compared to last year.
Table 3: Korean Imports of other surimis, 2019/2019, tonnes
|
Origin
|
Tonnes Jan-Oct
|
Variation % 2019/2018
|
|
2019
|
2018
|
|
Vietnam
|
46,149
|
50,872
|
-9%
|
|
China
|
21,122
|
27,983
|
-25%
|
|
India
|
5,083
|
5,772
|
-12%
|
|
Indonesia
|
3,912
|
2,370
|
+65%
|
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Pakistan
|
1,988
|
2,994
|
-34%
|
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Sub Total (main 5)
|
78,254
|
89,991
|
-13%
|
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Other
|
2,443
|
2,861
|
-15%
|
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Total
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80,697
|
92,852
|
-13%
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Fuente: FIS.com
In the period, imports surimi totaled 98,932 tonnes, down 13% in volume on those of of the same period in 2018.
By DGA
ww.fis.com
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