The pelagic fish import volume in South Korea stood at 590.9 thousand metric tons in 2024. Forecasts indicate a steady increase, with imports projected to reach 593.11 thousand metric tons by 2028. This represents a consistent annual growth trend with an average yearly increase of a fraction over 0.4%. The year-on-year import volume variations are minor, suggesting a stable demand pattern for pelagic fish over the forecast period. From 2024 onwards, the compound annual growth rate (CAGR) provides a reliable indicator of this steady growth.
Future trends to watch for include:
- Potential impacts of climate change on fish populations and availability.- Shifts in consumer preferences towards sustainable and locally-sourced seafood.- Trade policy changes and their effects on import regulations.- Advances in aquaculture technology that could affect the competitiveness of imported fish.