IN BRIEF - Frozen Pollock Wholesale Prices by Size Show Mixed Trends
SOUTH KOREA
Thursday, October 10, 2024
In week 41 of 2024, wholesale prices for frozen pollock in South Korea have experienced a modest increase across all sizes (6, 7, 8, and 9 pieces per box).
By the end of September 2024, South Korea had imported 105,136 tons of frozen pollock, marking a 1% decrease from 106,596 tons imported in 2023. This volume represents 16.1% of the country’s total seafood imports.
The total value of frozen pollock imports reached USD 105.14 million, reflecting a 10% decline from USD 101.10 million during the same period in 2023. The average import price for frozen pollock until September 2024 was USD 0.96 per kilogram, down 9% from USD 1.06 per kilogram in 2023. Prices varied by country, with Russia at USD 0.96/kg, the United States at USD 1.25/kg, and China at USD 1.61/kg.
Domestically, wholesale prices for frozen pollock are as follows: the 7-piece size is approximately KRW 39,500, while the 8-piece size is about KRW 29,500. The price for the 8-piece size has decreased by 3.3% from KRW 30,500 in August 2024 and by 13.2% from KRW 34,000 in June 2024.
External experts have visited the Falkland Islands (Islas Malvinas) to present differing perspectives during an ongoing public consultation on the potential introduction of commercial salmon farming.
Initiated by Unity Marine—a joint venture aiming to establish an annual production of 50,000 tonnes—the consultation saw the developer bring in Canadian aquaculture specialists Dr. Gary Marty and Bernie Taekema. The experts detailed environmental assessment models, biosecurity controls, and site selection criteria based on British Columbia's regulatory framework.
Conversely, opposition campaigners from Salmon Free Falklands brought in Louise Cherrie, a former environmental authority insider from Tasmania, to highlight concerns regarding local governance, carrying capacity, and long-term marine ecosystem risks. Public engagement on the matter continues through October 30, 2026.
UF professor honored for his global contributions to aquaculture economics and policy
James Anderson, professor at the University of Florida, was named a 2026 World Aquaculture Society Fellow, recognizing his leadership in aquaculture economics, markets and policy. His work includes the Aquaculture Performance Indicators (APIs), a framework assessing economic, environmental and community outcomes across 80+ aquaculture systems worldwide.
Anderson’s own interest in the discipline started not with economics, but with the first fish tank he owned as a child.
TS3 system provides GPS updates every 30 seconds for small-scale coastal fleets
Fiji is piloting Triton’s Spear (TS3), developed by Japan’s Ocean Solution Technology with JICA support. The solar-powered system tracks vessels via GPS every 30 seconds, aiming to improve fisher safety, coastal resource management and sustainable fisheries across the Pacific.
Businessman Álvarez Castellano says the magistrate left unsigned the document that would allow the *J. Barreiro* to resume fishing operations.
Although the Argentine courts ruled to lift the suspension imposed on the *J. Barreiro*—a vessel belonging to the Conarpesa group (42% owned by the Galician firm Wofco)—the ship remained detained as of Tuesday, according to Fernando Álvarez Castellano, director of the Argentine fishing company. He attributes the delay to the missing signature of the judge who originally halted the vessel; she is no longer handling the case after the businessman announced legal action against her.
Author: Cecilia Valdez / La Voz de Galicia | Read the full article here
DSM-Firmenich?Animal Nutrition & Health today announced an update to its Digital SalmoFan software, adding a new algorithm designed to accurately measure trout fillet colour for partners across the entire value chain.
The Digital SalmoFan is a portable device that measures the colour of salmon and trout fillets digitally, using a numeric scoring system. This latest innovation builds on the foundations of the existing physical SalmonFan colour chart widely used in the global salmon industry for fillet colour measurement.
Source: fishfarmingexpert | Read the full article here
Pakistan’s seafood exports to China rose sharply to US$220 million during the first seven months of the current year, registering a 41% year-on-year increase from the corresponding period last year, according to the General Administration of Customs of China.
The growth reflected strong Chinese demand for a diverse range of marine products, particularly frozen fish, cephalopods and live crustaceans. Miscellaneous frozen whole fish led individual categories, generating US$40.04 million from 19,834 tonnes. Frozen cuttlefish and squid varieties together contributed US$36.39 million.
Frozen sardines and sprats generated US$19.49 million from 22,458 tonnes, while live and chilled mud crabs brought in US$18.70 million. Other significant exports included frozen octopus worth US$9.16 million, fish fillets and meat at US$7.71 million, frozen shelled shrimp and prawns at US$6.86 million, and flatfish at US$5.71 million.
Atlantic salmon, salmon fillets and smoked salmon are among seafood products included in Canada's latest retaliatory tariff package.
Canada will impose a 25% tariff on Atlantic salmon and a range of other seafood products originating in the United States from September 8, as part of its latest response to US trade measures.
The United States remains a relatively small producer of farmed Atlantic salmon compared with Canada, Norway and Chile, but it does have commercial production.
Atlantic Sapphire operates a land-based salmon farm at Homestead, Florida, where it harvested 5,096 tonnes in 2025.
Source: SalmonBusiness | Read the full article here
Khyber Aquaculture and the Fisheries Department train farmers in sustainable cold-water aquaculture
Khyber Aquaculture and the Jammu & Kashmir Department of Fisheries launched specialised training for trout farmers from Ganderbal, Bandipora and Srinagar, covering biosecurity, water quality, disease prevention and RAS technology to improve survival, growth and farm efficiency.
The initiative aims to boost trout productivity and develop the region as a hub for sustainable cold-water fisheries.
New infrastructure aims to improve fuel access and operational efficiency for local fishermen.
Bahrain has begun work to install fuel pumps at four fishing jetties, strengthening essential infrastructure for the fishing sector. The project will provide fishermen with easier access to fuel directly at key landing sites, supporting daily operations and improving services for the local fleet.
Chinese shipbuilder Rongcheng Xinyang will strengthen Tanzania’s offshore fishing capacity
Tanzania Fisheries Corporation (TAFICO) signed a contract with China’s Rongcheng Xinyang Ship Industry Limited to build two deep-sea fishing vessels. The IFAD-funded AFDP project aims to boost fisheries productivity, expand use of marine resources and support Tanzania’s Blue Economy and Vision 2050.
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