What is the price of hake per kilogram/pound in South Korea today?
The retail price range for South Korea hake is between US$ 3.43 and US$ 4.41 per kilogram or between US$ 1.56 and US$ 2.00 per pound(lb). Click here to see today's exact prices of hake in South Korea
The retail price range in South Korean won for hake is between KRW 4,578.47 and KRW 5,886.60 per kilogram or between KRW 2,076.40 and KRW 2,669.66 per pound(lb) in Seoul and Busan.
Wholesale prices
In 2025, the approximate wholesale price range for South Korea hake is between US$ 2.40 and US$ 3.09 per kilogram or between US$ 1.09 and US$ 1.40 per pound(lb).
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South Korea Hake Export Prices - Historical, Trends and Prediction
The export price per kilogram of Hake from South Korea over the last five years has been relatively stable. In 2016, the price was 1.59 US dollars per kg, followed by 1.45 US dollars per kg in 2017. In 2018, the price increased slightly to 1.56 US dollars per kg, and then decreased to 1.53 US dollars per kg in 2019. The price then dropped to 1.48 US dollars per kg in 2020, before increasing to 1.61 US dollars per kg in 2021 and 1.63 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Hake from South Korea will be 1.64 US dollars per kg in 2023 and 1.65 US dollars per kg in 2024.South Korea Hake Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hake into South Korea over the last five years has been relatively stable. In 2016, the price was $1.59, followed by $1.45 in 2017, $1.56 in 2018, $1.53 in 2019 and $1.48 in 2020. The price then increased slightly to $1.61 in 2021 and $1.63 in 2022. Based on this trend, it is likely that the import price per kilogram of Hake into South Korea will remain stable in the next two years, with an estimated price of $1.65 in 2023 and $1.67 in 2024.Export values for South Korea hake
The total values in export for hake in South Korea were US$ 4,027, US$ 3,256, US$ 1,989 and US$ 6,715 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 hake in other countries across Asia: Kazakhstan hake, Kyrgyzstan hake, Tajikistan hake, Turkmenistan hake, Uzbekistan hake, China hake, Hong Kong hake, Macao hake, North Korea hake & Mongolia hake.
South Korea hake - Production, Exports, Imports, Seasons and HS Codes
The quantity of hake sold by South Korea in 2020 was 3,607 metric tons. In 2019 South Korea sold 4,384 tonnes of hake. For 2019 alone, the market for South Korea hake (fish category) has surged, flactuating by 244.925 percent compared to the year 2018. Between 2017 and 2019, hake's exports increased by 94.58 percent earning South Korea US$6.72m for the year 2019. South Korea's hake exports are categorised as:
- Frozen hake "Merluccius spp., Urophycis spp." (HS code 030366)
- Frozen hake (Merluccius spp., Urophycis spp.) (HS code 030378)
- Frozen fillets of hake "Merluccius spp., Urophycis spp." (HS code 030474)
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South Korea hake export values
In 2019, South Korea supplied hake with a value of 6.72m USD, a growth of 237.86% from 2018's total hake export of 1.989m USD. The yearly increase in value of South Korea hake between 2017 to 2018 was -38.913 percent.
The annual variation in the volume of South Korea's hake exports between 2017 and 2019 was 94.58 pc in comparison to a variation of 244.925% in the period between 2018 and 2019.
Export markets for South Korea hake ( in '000$ )
South Korea ordered 744 tonnes of hake in 2019.