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English/Policy Issues in Korea

Korea’s Oyster Industry Sets Sights on Global Leadership: From Aquaculture Innovation to Record Exports

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South Korea is charting a bold path to make oysters its next signature export product, following the global success of Korean seaweed (gim). With plans to establish specialized oyster aquaculture harbors and production hubs, the government aims to double oyster exports to $160 million by 2030, targeting the European market with premium shell-on oysters and value-added processed products.


Korea’s Oyster Industry Sets Sights on Global Leadership

1. Korea's Growing Oyster Industry: A Vision for 2030

The global oyster market was valued at $600 million in 2022, with Korea ranking as the third-largest exporter at $80 million. France and China currently lead the market, but Korea is set to close the gap by:

  • Expanding Production: Increasing annual oyster production by 100,000 tons to reach 400,000 tons.
  • Enhancing Exports: Doubling export revenue to $160 million within the decade.

To achieve this, Korea’s Ministry of Oceans and Fisheries has announced the establishment of integrated aquaculture zones in key regions such as Tongyeong, Geoje, and Yeosu. These hubs will consolidate over 400 small processing plants into centralized facilities, improving efficiency and maintaining quality.


Korea’s Oyster Industry Sets Sights on Global Leadership

2. Automation and Innovation in Oyster Farming

Oyster farming in Korea is shifting from labor-intensive methods to automation. Initiatives include:

  • Automated Harvesting Ships: These vessels can harvest and pre-wash oysters at sea, reducing manual labor.
  • Centralized Processing Facilities: Equipped with conveyor belts and machinery such as shucking devices, washers, and sorting machines to streamline operations.

Such advancements ensure Korean oysters remain competitive in global markets while maintaining the highest standards of safety and quality.


3. Exploring Global Markets: Focus on Europe

European markets prefer shell-on oysters, presenting a key opportunity for Korea. The government plans to:

  • Increase Shell-On Oyster Production: Grow the share of shell-on oysters from 1% to 30% of total production by 2030.
  • Strengthen Sanitation Measures: Improve water quality in aquaculture zones by installing infrastructure to block land-based pollutants and increasing wastewater treatment near farming areas.

By aligning production with European preferences and strict safety standards, Korea is poised to expand its footprint in this lucrative market.


4. Promoting Domestic Consumption

Domestically, the Ministry aims to diversify oyster products and encourage consumption through:

  • New Oyster-Based Foods: Supporting food manufacturers in creating innovative oyster products.
  • Marketing Campaigns: Expanding the oyster promotion fund from $500,000 to enhance public awareness and demand.

5. The Wonders of Oysters: Nutrition and History

Health Benefits of Oysters

Oysters are often referred to as “nature’s multivitamin” due to their impressive nutritional profile:

  • Rich in Nutrients: High levels of zinc, omega-3 fatty acids, and vitamin B12 support immune function, brain health, and heart health.
  • Low in Calories: An ideal choice for health-conscious individuals, oysters are nutrient-dense yet low in calories.
  • Aphrodisiac Qualities: Historically regarded as an aphrodisiac, oysters contain compounds that boost dopamine levels and improve mood.

A Historical Delicacy

  • Oysters have been enjoyed for thousands of years. In ancient Rome, they were considered a luxury and transported across the empire.
  • In Korea, oyster farming dates back to the Joseon Dynasty, where they were harvested along the southern coasts.

6. Building a Competitive Edge for Korean Oysters

Korea’s oyster industry is set to become a global leader by integrating advanced technologies and adopting sustainable practices. By targeting key markets like Europe and promoting the unique qualities of Korean oysters, the nation aims to replicate its success in seaweed exports.

As Minister Kang Do-Hyoung stated, “Oysters are a globally beloved seafood, offering Korea a chance to lead in the international market. By modernizing the industry, we’ll ensure Korea becomes the world’s top oyster exporter.”


Source: Korea Policy Briefing (www.korea.kr)

 

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