IN BRIEF - Wholesale Prices of Norwegian Mackerel in South Korea
SOUTH KOREA
Thursday, October 03, 2024
As of October 2024, the volume of frozen mackerel imported up to September was 33,926 tons, nearly identical to the 33,927 tons imported in 2023. The domestic distribution price has shown a steady upward trend, with the average import price of frozen mackerel by September 2024 standing at USD 2.17/kg.
Norwegian mackerel accounted for the largest share of imports, with 27,941 tons, representing 83.3% of the total.
The average import price for Norwegian mackerel was USD 2.23/kg. Chinese mackerel made up 10.9% of imports, with 3,645 tons and an average price of USD 1.97/kg. Taiwan contributed 1,352 tons, making up 4.0% of imports, at an average price of USD 1.48/kg. Additionally, 611 tons were imported from the Netherlands.
In the first week of October 2024, the wholesale price for Norwegian frozen mackerel, size 300/500g, reached 99,000 KRW, a 2.06% increase from September's price of 97,000 KRW, and a significant 57.14% rise from 63,000 KRW in December 2023.
For size 400/600g, the price was 98,000 KRW, a 1.03% increase compared to September 2024 and a 44.11% rise compared to 68,000 KRW in December 2023. The price of Norwegian mackerel is expected to continue its upward trend in the near future.
Chilean fisheries and aquaculture exports reached a value of US$1,870.4 million in February 2026, registering a 12.1% increase compared to the same period of the previous year and placing them 33.9% above the average observed during the five-year period 2021-2025, according to the latest Sector Report prepared and published by the Undersecretariat of Fisheries and Aquaculture (Subpesca).
In terms of volume, shipments totaled 398,900 tons, a figure that represents a 21% increase compared to 2025 and a 49.5% increase compared to the average of the last five years, reflecting the strengthening of the presence of Chilean seafood products in international markets.
Source: MundoAcuicola | Read the full article here
Coastal El Niño Continues to Put Pressure on a Strategic Fishery for Marine Ingredients Used in Animal Feed and Aquaculture
Peru has extended the suspension of anchovy fishing in a large area of ??its north-central coast due to the persistence of conditions associated with the coastal El Niño phenomenon. The measure, which was set to expire on June 10, 2026, will remain in effect indefinitely.
The ban affects the maritime area extending from the northern limit of Peru's maritime domain to 16°00′S.
The cod fishing fleet welcomes the fact that the European Commission is finally "consistent with its words," although the new measures could generate "a supply problem."
As its name indicates, the Melkart-5 is the fifth vessel in the large family of trawlers belonging to the Russian fishing company Murman Sea Food, one of the most important firms in the sector in the country, operating from the port of Murmansk, Russia's largest in the Arctic. The company was sanctioned in May 2015 by the Council of the European Union along with Norebo JSC, another long-established player in the nation's fishing industry. Both allegedly collaborated with the Kremlin by sponsoring various "destabilizing activities" against the EU27. Acting as a kind of undercover agent, they were caught red-handed amid escalating tensions between the two powers, three years after the outbreak of war in Ukraine.
Author: Jorge Garnelo / Faro de Vigo | Read the full article here
The Coalition for Fisheries Transparency (CFT) has called on parliamentarians to place fisheries transparency at the centre of efforts to build a sustainable future for the UK fishing industry.
The call comes amid concerns over declining fish stocks and continued illegal fishing activity. According to the coalition, 35% of global fish stocks are fished unsustainably, while half of the UK’s ten most important fish stocks are either critically low, overexploited or both.
The coalition says implementing the Global Charter would promote transparent, equitable and well-governed fisheries while helping eliminate harmful fishing practices, labour abuses and illegal activity across global seafood supply chains.
Skretting has introduced phytocomplexes into its health feed products for Norwegian salmon, marking the first commercial use of the plant-based ingredient combinations in the country’s salmon farming sector.
The feed manufacturer said the initiative is aimed at helping fish cope with chronic inflammation, an issue that has become an increasing challenge for Norwegian salmon producers in recent years and has been linked to reduced robustness and higher mortality.Unlike feed additives based on isolated compounds, phytocomplexes combine multiple bioactive substances derived from plants.
Source: SalmonBusiness | Read the full article here
The Brazilian Aquaculture Association (PEIXE BR) has highlighted two important advances achieved in recent days regarding the import of tilapia fillets from Vietnam, the result of mobilization and collaborative work across the entire national aquaculture production chain.
On June 2, the Government of the State of São Paulo announced the publication of a decree establishing an ICMS tax on imported tilapia fillets; a measure that, according to the Association, “represents a significant step in the pursuit of greater fiscal balance and fairer competitive conditions for Brazilian producers.”
Source: iPac.acuicultura | Read the full article here
NOAA strengthens commitment to aquaculture through new cooperative institute. More than $13M invested in research partnerships to bolster American seafood competitiveness.
NOAA announces the University of New Hampshire as host institution for the new NOAA Cooperative Institute Fostering Aquaculture Research and Markets (CIFARM) to expand NOAA’s impact and strengthen efforts to boost American seafood competitiveness. After a highly competitive application process, this new five-year cooperative institute will harness partnerships with cutting-edge researchers to advance American marine aquaculture.
RaySon algal oil, an alternative source of omega-3 specially for salmon feed, improves the quality of the final product for consumers and boosts the immune system.
Xiamen Huison Biotech Co Ltd have been dedicated to the research and production of algal oil for over 20 years, with rich experience and advanced technology.
These benefits make DHA-rich feeds a key factor in improving both the health of farmed salmon and the quality of the final product for consumers.
Author: Janice Johnston / Fish Farmer | Read the full article here
Strong biological development has led to higher salmon production and pushed prices down this year. Arctic Securities now believes in better market balance.
The market-influencing spot price of Norwegian farmed salmon will bottom out at NOK 53 (£4.22) per kilo in July and August, and will average NOK 72 in the second half of the year, a seafood analyst believes.
While weaker prices are often associated with challenges in the industry, Nordby believes that the explanation this time is largely the opposite.High harvest weights, high superior share, and low mortality in Norway have contributed to more salmon coming on to the market.
Author: Therese Soltveit / fishfarmingexpert | Read the full article here
A few months before the event, the Center for Applied Research, CIA-INCAR², confirmed the sponsorship of the National Fisheries and Aquaculture Service (Sernapesca) for the International Conference SRS2026. This will be the first international meeting dedicated exclusively to piscirickettsiosis, a disease caused by the bacterium Piscirickettsia salmonis. This disease causes significant economic losses for Chilean salmon farming and is currently generating increasing interest in other countries of the Northern Hemisphere.
Source: MundoAcuicola | Read the full article here
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SOUTH KOREA
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CHILE
Chilean fisheries and aquaculture exports reached a value of US$1,870.4 million in February 2026, registering a 12.1% increase compared to the same period of the previous year and placing them 33.9% above the average observed during the five-year period 2021-2025, according to the latest Sector Report prepared and published by the Undersecretariat of Fisheries and Aquaculture 
PERU
Coastal El Niño Continues to Put Pressure on a Strategic Fishery for Marine Ingredients Used in Animal Feed and Aquaculture
EUROPEAN UNION.png)
As its name indicates, the Melkart-5 is the fifth vessel in the large family of trawlers belonging to the Russian fishing company Murman Sea Food, one of the most important firms in the sector in the country, operating from the port of Murmansk, Russia's largest in the Arctic. The company was sanctioned in May 2015 by the Council of the European Union along with Norebo JSC, another long-established player in the nation's fishing industry. Both allegedly collaborated with the Kremlin by sponsoring various "destabilizing activities" against the EU27. Acting as a kind of undercover agent, they were caught red-handed amid escalating tensions between the two powers, three years after the outbreak of war in Ukraine.
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The call comes amid concerns over declining fish stocks and continued illegal fishing activity. According to the coalition, 35% of global fish stocks are fished unsustainably, while half of the UK’s ten most important fish stocks are either critically low, overexploited or both.
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Skretting
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UNITED STATES
NOAA
NEW ZEALAND
RaySon algal oil, an alternative source of omega-3 specially for salmon feed, improves the quality of the final product for consumers and boosts the immune system.
The market-influencing spot price of Norwegian farmed salmon will bottom out at NOK 53 (£4.22) per kilo in July and August, and will average NOK 72 in the second half of the year, a seafood analyst believes..png)
A few months before the event, the Center for Applied Research, CIA-INCAR², confirmed the sponsorship of the National Fisheries and Aquaculture Service 
