What is the price of shark fins per kilogram/pound in South Korea today?
The retail price range for South Korea shark fins is between US$ 7.30 and US$ 15.33 per kilogram or between US$ 3.31 and US$ 6.95 per pound(lb). Click here to see today's exact prices of shark fins in South Korea
The retail price range in South Korean won for shark fins is between KRW 9,736.65 and KRW 20,440.44 per kilogram or between KRW 4,415.72 and KRW 9,270.04 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea shark fins is between US$ 5.11 and US$ 10.73 per kilogram or between US$ 2.32 and US$ 4.87 per pound(lb).
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South Korea Shark Fins Export Prices - Historical, Trends and Prediction
The export price per kilogram of Shark Fins from South Korea over the last five years has seen a significant decrease. In 2017, the export price was 4.47 US $ per kg, which dropped to 3.55 US $ per kg in 2018 and further decreased to 3.32 US $ per kg in 2019. In 2020, the export price was 3.42 US $ per kg and in 2021, it was 2.87 US $ per kg. The most recent data shows that the export price in 2022 was 2.23 US $ per kg. Based on this trend, it is predicted that the export price for 2023 will be around 1.80 US $ per kg and for 2024, it will be around 1.37 US $ per kg.South Korea Shark Fins Import Prices - Historical, Trends and Prediction
The import price per kilogram of Shark Fins into South Korea over the last five years has seen a significant decrease. In 2012, the import price was 37.56 US dollars per kilogram, but by 2021, this had dropped to 2.87 US dollars per kilogram. This represents a decrease of 92.3%. The biggest drop in price occurred between 2017 and 2018, when the price fell from 4.47 US dollars per kilogram to 3.55 US dollars per kilogram, a decrease of 20.3%. The price has remained relatively stable since 2018, with the most recent price in 2021 being 2.87 US dollars per kilogram. Based on this trend, it is predicted that the import price of Shark Fins into South Korea in 2023 will be 2.23 US dollars per kilogram, and in 2024 it will be 1.68 US dollars per kilogram.Export values for South Korea shark fins
The total values in export for shark fins in South Korea were US$ 1,641, US$ 1,838, US$ 3,256 and US$ 5,709 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Fish category in South Korea: Live Ornamental Fish, Live Trout, Live Eels, Live Carp, Live Tuna, Live Fish, Trout, Salmon, Halibut Fish & Sole Fish.
See prices of shark fins in other countries across Asia: Kazakhstan shark fins, Kyrgyzstan shark fins, Tajikistan shark fins, Turkmenistan shark fins, Uzbekistan shark fins, China shark fins, Hong Kong shark fins, Macao shark fins, North Korea shark fins & Mongolia shark fins.
South Korea shark fins - Production, Exports, Imports, Seasons and HS Codes
The amount of shark fins shipped by South Korea in 2020 was 1,905 metric tonnes. In 2019 South Korea exported 1,718 tonnes of shark fins. Through 2019 alone, the market for South Korea shark fins (fish category) has climbed, with a change of 87.146 per cent compared to the year 2018. Between 2017 and 2019, shark fins' exports grew by 318 pc bringing South Korea US$5.71m for the year 2019. South Korea's shark fins exports are classified as:
- Frozen fish fins, heads, tails, maws and other edible fish offal (excl. livers, roes, milt and shark fins) (HS code 030399)
- Frozen shark fins (HS code 030392)
- Shark fins, smoked, dried, salted or in brine (HS code 030571)
- Prepared or preserved shark fins, whole or in pieces (excl. minced) (HS code 160418)
- Fresh or chilled shark fins (HS code 030292)
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South Korea shark fins export values
In 2019, South Korea exported shark fins costing 5.71m USD, an increment of 75.37% from 2018's total shark fins export of 3.256m USD. The yearly growth in value of South Korea shark fins between 2017 to 2018 was 77.149 percent.
The per year variation in the amount of South Korea's shark fins exports between 2017 and 2019 was 318 per cent when compared to a variation of 87.146% in the growth rate between 2018 and 2019.
Export markets for South Korea shark fins ( in '000$ )
South Korea bought 4,783 tonnes of shark fins in 2019.