Export demand increases following poor Japanese seaweed harvest and nationwide seaweed production slump – the cause of poor national seaweed production,
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This year, the seaweed aquaculture production in Gyeonggi Province is recorded at 40.89 billion won, the highest ever recorded./Gyeonggi,
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, ‘This year, seaweed aquaculture production in Gyeonggi Province reached 40.89 billion won, the highest ever recorded.’,
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, ‘According to Gyeonggi Province on the 29th, the 2024 seaweed production and production value were recorded at 21,846 tons and 40.89 billion won respectively. Although this year’s seaweed production decreased by 3% compared to the previous year (22,513 tons), the production value increased by 87.2% (190 billion won) compared to the previous year (21.84 billion won). It is the highest amount since the start of seaweed aquaculture.’,
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, ‘The significant increase in seaweed production value is analyzed to be due to the rising export demand following poor Japanese seaweed harvests, combined with a nationwide slump in seaweed production leading to price increases. In fact, this year’s nationwide production value increased by 77% compared to the previous year, and the average import price in the province increased from 380 million won last year to 576 million won this year, a 87.2% rise (268 million won).’,
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, ‘In this regard, the province is investing over 600 million won annually to support seaweed aquaculture facilities in Hwaseong and Ansan cities to ensure stable seaweed production in response to decreased seaweed production due to rising sea temperatures and changes in marine environments.’,
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, ‘Furthermore, research is ongoing for the development of seaweed seeds that are resistant to diseases and exhibit good growth in response to changes in the coastal environment of Gyeonggi.’,
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, ‘Gim Bong-hyun, head of the Gyeonggi Province Department of Maritime and Fisheries, commented, “This year, the increase in the market price of water-grown seaweed greatly boosted the income of fishermen. However, the decrease in seaweed production due to rising sea temperatures is a situation where we cannot guarantee consistent income.” He added, “We will establish the foundation for a sustainable seaweed aquaculture industry by promoting new projects such as seed development to respond to climate change.”‘,
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