The Trend of Imports of Frozen Ribbonfish in 2019
SOUTH KOREA
Tuesday, February 18, 2020, 05:00 (GMT + 9)
Frozen Ribbonfish imported from Senegal totaled 3,904 tons in 2019, down 39.75% from 6,480 tons in 2018, and a 53% drop from the average 8,405 tons imported over the past decade.
In 2019, Ribbonfish was imported from a total of 25 countries, with 14,655 tons in volume, 26.6% of Senegal, followed by Venezuela with 18.9% and Morocco with 13.3%.
The average unit import price of Senegalese frozen Ribbonfish in 2019 was USD 3.10/kg, down 16.4% from USD 3.71/kg in 2018, and the average unit price in the last 10 years was USD 3.23/kg.
Currently, the price of Senegalese Ribbonfish in Korea is high due to a lack of inventory, and some popular sizes are to be out of stock.
Source: Union Forsea Corp.
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