Japan Seafood insights

Core tip: In the 43rd week of 2025 (October 20 to 26), the raw material price of Norwegian Atlantic cod broke through the $10,000/ton threshold, reaching a new historical high. The Groundfish Forum held in Japan predicts that the quota for Barents Sea cod may be further reduced in 2026, with a total quota of only 250,000 tons.

A ready-to-eat food product jointly developed by Korean and Japanese seafood companies was introduced in the country. Dongwon F&B unveiled the "WILDish Gochujang Tuna Stir-fried Rice" at the '2025 Korea-Japan Festival in Seoul' held at COEX in Gangnam District, Seoul on the 12th (photo). This product, developed in celebration of the 60th anniversary of the normalization of diplomatic relations between Korea and Japan, is a collaboration between Maruha Nichiro, Japan's leading seafood processed food company, and Dongwon F&B, combining Dongwon F&B's "Dongwon Gochujang Tuna" and Maruha Nichiro's stir-fried rice brand WILDish. It features tuna meat and various ingredients stir-fried at 200℃ to enhance the flavor.

Core Insight: Over the past year, the fishing landscape along Japan's northeastern coast has been quietly restructured. Iwate Prefecture, once known for its wild salmon, has now become Japan's second-largest salmon farming center. Data shows that by 2025, Iwate Prefecture's marine-farmed salmon production will reach 3,344 tons, a year-on-year surge of 64.6%, and is expected to exceed 4,000 tons next year.